Neoliberal Capitalism, or Neoliberalism, is the name commonly used by Leftists to describe the current incarnation of Capitalism that was popularized by Margeret Thatcher and Ronald and currently holds sway in most of the world, including among the US political class, and in leading financial institutions like the World Bank and International Monetary Fund by which the developing or third world is being exploited.
Being so entrenched, Neoliberalism doesn't take kindly to reform and its owners and practitioners in governments and board rooms aggressively fight any attempt to reform it or roll it back, and are successfully doing so as we're seeing in the cases of Latin America and Greece. Another such attempt, the Bernie Sanders presidential campaign, has been successfully thwarted and is in the process of being corralled and co-opted by the US Democratic Party. Earlier, the Occupy movement was violently subdued by the Obama Administration and the Black Lives Matter movement with its subversive undertones of anarchist horizontalism was bought off and co-opted.
Podemos has succeeded, according to Aaron Bustani of Novara Media, by reclaiming "a progressive idea of what Spain is," that is, a country of inclusion. Unlike in other European countries and in the US, he says, where because of Neoliberalism there has also been economic stagnation and austerity, in Spain, a nativist, racist right wing hasn't risen in reaction to it. The political space for it has been taken up by Podemos.
The future of America is forecast to be and and promises to be a brown one, and in many aspects a Hispanic one. In that America, what will the vision of America be?
The current, Caucasian dominated vision of America as a land of opportunity for white pilgrims, pioneers and settlers will give way to something else. Donald Trump supporters and other nativists can see this coming and are reacting by trying to preserve their privileges and perquisites.
The current vision of America exists because it benefits its proponents, as will the next version. That's just human nature. But is there any hope that the coming America will be more progressive than the current one? As is unfolding in Spain? Under Hispanics?