The Ethno-economy: Peter Brimelow and the Capitalism of the Far Right

Recent research on the far right has remained surprisingly silent on the question of capitalism. This article takes another approach. It suggests that we must understand the far right emerging out of the economic: out of the dynamics of capitalism itself. It does so through an intellectual portrait of the financial journalist Peter Brimelow, one of the most influential proponents of far-right nativist politics and a self-described “godfather of the Alt Right.” It follows his passage from financial journalist to anti-immigrant firebrand through his encounters with neoliberal luminaries Peter Bauer, Julian Simon, and Milton Friedman. Rather than for an ethnostate, I argue Brimelow is best seen as making the case for an “ethno-economy,” with immigration determined by a racialized hierarchy of human capital.