How should we understand the relationship between capitalists, big and small, and the Republican and Democratic parties — especially in the wake of Trump’s return to power? Stephen Maher discusses the sectors of capital that support and oppose him. He traces the rise of the MAGA Right to forces set in motion by the global economic crisis. And he discusses under what circumstances big business, much of which currently is wary of Trump, might throw its support behind authoritarian rule.
Resources:
Scott Aquanno and Stephen Maher, The Fall and Rise of American Finance: From J.P. Morgan to Blackrock Verso, 2024
Photo credit: Gage Skidmore