When Capitalists Get Their Hands Dirty
Trump promised an anti-establishment administration. Instead he's empowered capitalists to rule for personal gain.
After running as a political outsider, Donald Trump now finds himself having to navigate between two uneasily aligned factions. On one side is an emboldened right-populist base, personified by incoming White House chief strategist and senior counselor Stephen Bannon, that wants to see a fundamental turnover among the people in charge. On the other is a more mainstream Republican wing represented by figures like Chief of Staff Reince Priebus that is preoccupied with standard conservative issues. These include reducing taxes on the wealthy, marketizing social services, and bolstering defense spending.
As the Trump White House takes shape, this jostling for influence within the new administration will not only affect the balance of power among state institutions and their internal dynamics, but also determine whose interests will best be represented.
Bannon has previously expressed a desire to overturn the political establishment, yet it is clear that other Trump loyalists and converts within the GOP are intent on benefiting from the party’s new majority in government. The nature of Trump’s coalition naturally raises the question of how these interests will be reconciled. The outcome will reveal much about the distribution of political power within the administration, and between it and the state.