Billionaires are lining up to eagerly fund Trump’s anti-democratic agenda | Robert Reich
The more disturbing Trump’s public proclamations become, the more US plutocrats seem to want him to win
As an ever-greater portion of the nation’s total wealth goes to the top, it’s hardly surprising that ever more of that wealth is corrupting US politics.
In the 2020 presidential election cycle, more than $14bn went to federal candidates, party committees, and Super Pacs – double the $7bn doled out in the 2016 cycle. Total giving in 2024 is bound to be much higher.
Robert Reich, a former US secretary of labor, is a professor of public policy at the University of California, Berkeley, and the author of Saving Capitalism: For the Many, Not the Few and The Common Good. His newest book, The System: Who Rigged It, How We Fix It, is out now. He is a Guardian US columnist. His newsletter is at robertreich.substack.com
This article was amended on 21 November 2023 to clarify Ken Griffin’s positionContinue reading...
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