Tuesday, May 30, 2017

"Any Business Deal Appears Like a Small Battle in a Never-Ending War for Financial Supremacy"

"His rejection of Friedman's vision of trade is clearly not a considered view but a gut reaction. The story he tells himself about capitalism is one that involves a high-stakes game of winners and losers—those who beat, and those who get beaten. As such, it seems axiomatic to him: In any deal, whether it involves individuals or independent nations, only one side can win. As a matter of economic science, Donald Trump may be wrong, but with respect to the sensibility that guides his approach to business and colors his understanding of capitalism, it may be the case that the GOP nominee is simply a man of his time—and ours."

John Paul Rollert at The Atlantic describes Donald Trump as an avatar of "Sociopathic Capitalism."

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