A Nobel Prize-winning economist, Paul Krugman, has issued a warning about the long-term political and economic consequences of the movement associated with former President Donald Trump.

In comments shared via a Substack video, Krugman argued that the United States faces significant challenges in addressing the conditions that enabled Trump’s rise, particularly rising wealth inequality and concentrated political and economic power.He suggested that these structural issues must be confronted after Trump leaves office to prevent a recurrence of similar political movements.

Krugman criticized what he described as the enabling role of wealthy donors and institutional actors, including the Supreme Court, in supporting Trump’s political ascent.

He argued that such actors were aware of the risks but proceeded nonetheless, contributing to what he characterized as a breakdown in institutional safeguards.

The economist warned that the concentration of power in the executive branch, combined with weakened checks and balances, could lead to destabilizing outcomes domestically and internationally.

The article also notes that some analysts have commented on perceived signs of cognitive decline in Trump, though these claims are presented as part of broader commentary rather than established medical fact.

Krugman emphasized that simply removing Trump from office would not be sufficient; instead, he called for what he termed a “deMAGAfication” process aimed at dismantling the political and economic structures that facilitated the rise of the MAGA movement.

He stressed that failure to address systemic inequality and institutional weaknesses could result in the reemergence of similar political dynamics in the future.

Overall, the piece frames Krugman’s remarks as a broader critique of American political economy rather than a purely personal assessment of any individual leader.