Trump: An Instrument of the Age

Donald Trump is an instrument of this age, a force propelling capitalism and the global economy into a critical stage of their historical development. Since the beginning of village life some 10,000 years ago, commerce among villages and rural economies intensified as cities emerged and over centuries forged trade networks across regions into a global system of commerce. At the same time, from the beginning of markets, traders, merchants, industries, and governments engaged in the struggle for control of local, regional, and inter-regional markets.

Today this struggle continues, but now with devastating consequences: the concentration of wealth on a global scale; the vast productive power and technological innovation; the multiplying flow of market-related information, and the explosive potential of artificial intelligence. Each of these factors is channeling private and public resources to elites, and spurring worldwide trade wars, technological dependency, and military confrontations that threaten humanity's survival.

No longer is it an intra-regional conflict between Greeks and Trojans over control of the grains produced in the basin of the Black Sea. Now it is a global conflict over control of international markets and supply chains, driven by the competition between transnational corporations and national governments over geopolitical objectives, a competition that is apocalyptically violent. And, at the head of the largest economic and military power is a pathological, impulsive, and phenomenally wealthy businessperson.

The emergence of Donald Trump is not wholly surprising in a global economy teetering on the edge of military annihilation and worldwide environmental collapse. He is the personification of a time when the evolution of capitalism institutionalizes class divisions, universally degrades morality, and threatens global extinction.

If citizens fail to contain the juggernaut of corporate-authoritarian forces unleashed in recent decades, our children will likely live in a wholly dystopian world.

Clearly, the global economy has reached a critical stage in the accumulation of wealth and its social impacts. Today transnational corporations have achieved historic levels of economic power and political influence throughout the world. But governments, with their enormous borrowing capacities and acquisition of capital through taxation, are a chief target for privatization of public wealth. They are the last bastion of enormous resources that concentrated private commercial interests need to overcome, to disarticulate the state in order to access the vast capital reserves that governments represent. Thus the virtually ineluctable privatization of government services from social programs to space exploration and military production proceeds unabated by social controls. Of course corporations and an elite class must retain tax revenues collected by governments while private corporations siphon off these resources through government contracts. As part of this privatization project, regulation of private entities and activities must be undermined. From the Department of Government Efficiency led by the world's richest individual to the edicts expunging from records the words and documents indicating that the direction of national priorities is misdirected and dangerous, the Trump administration is aggressively, relentlessly attacking any obstacle to privatization of public resources.

On one level none of this is new. The British East India Company in the 18th century controlled 80% of the trade from Asia to Europe and governed India with its private court system and army of 250,000. It used a portion of its wealth to buy parliamentarians responsible for its regulation. Today, however, the aggregate wealth and power of tech giants dwarfs that of the East India Company. According to Oxfam America, Elon Musk has more wealth than 46% (3.8 billion) of the world's population. He spent nearly $300 million to help Trump win the 2024 presidential election. Musk and other Big Tech companies—key tech, social media, and AI entities—spent $41.8 million in the second quarter of 2026 lobbying the government. Big Tech receives in excess of $45 billion in government contracts. The combined capitalization of the top five US tech companies is greater than the annual Gross Domestic Product (GDP) of 193 countries, trailing only the economic output of the United States and China.

The impact of such outrageous distortions in the global economy is wide-ranging. The convergence of private business interests and money with public policy and governance breeds corruption. Trump reported $2 billion in income in the first year of his second term, tripling the income he reported in the previous year. Much of Trump's new wealth comes from cryptocurrency, a business field in which Trump's family is deeply invested, taking in $1.4 billion through its cryptocurrency ventures in just one year. At the same time, Trump is engaged in the wholesale deregulation of digital assets like cryptocurrency. He disbanded the Biden-era National Cryptocurrency Enforcement Team, directing the Justice Department to end its enforcement of regulatory violations and to close all ongoing investigations. He directed Attorney General Todd Blanche to refrain from charging violations of the Bank Secrecy Act and to end charging violations of the Securities Act of 1933, the Securities Exchange Act of 1934, and the Commodity Exchange Act.

According to the American Bar Association, the lack of corporate regulation subverts democracy: “These transactions—ranging from donor-driven federal appointments to dropped investigations, lucrative business deals, and foreign gifts—have enriched Trump and his allies while undermining long-standing ethical norms and public trust in democratic institutions.” Another instance of a proposed initiative that is blatantly unethical, anti-democratic, and politically corrupt is the “Anti-Weaponization Fund” to reward Trump's political allies including the insurrectionists who attacked the Capitol on January 6, 2020.

The development of corporate capitalism has always been anti-democratic to one degree or another. Private boards of elite shareholders decide corporate policy and virtually all decisions are aimed at increasing profits. Corporate elite have historically fought against workers' organized power. The corruption and assumption of executive power at the center of the current American government reflect the intrusion of rank corporate values and ethos central to modern markets. Donald Trump runs the presidential office as a mafia organization with a pay-for-play ethos, the raw corruption expected when corporate elite are untethered from social supervision and management. As corporate policies and investments become existential threats, they cannot afford a citizenry awakened to the catastrophic direction of the American and global economy.

Desperate to continue profiting from a degraded natural and social environment, those with the most resources work to keep the truth about looming disasters from influencing public discourse. Trump is the harbinger of a totalitarian state that is the likely outcome of unregulated corporate investment and planning, one in which the flow of information must be managed. So, he attacks the media and censors reports and even words and phrases that are based in research and backed by skeins of evidence. To ensure authority over information flow, Trump values loyalty as the fundamental qualification of his appointees. Attorney General Todd Blanche exemplifies just how corrupted executive appointments throughout the administrative agencies and cabinet-level departments actually have become. As with other presidential nominees and appointments, Blanche was obviously selected for his fealty to Donald Trump. Just how much he identifies with supporting the president was revealed in a hearing for his confirmation in the Senate. While being questioned by Sen. John Kennedy (R-La.) about his relationship to Trump, Blanche stated, "I'm his lawyer—was his lawyer," before correcting himself, saying that he was now the deputy attorney general.

The ongoing general attack on American democracy stems directly from the presidential office and his friends in business. The impunity with which Trump aggrandizes himself through specious, if not illegal, projects is clearly a wide-ranging assault on citizens' rights to democratic decision-making theoretically safeguarded by the US Constitution. The decision to destroy the East Wing of the White House and construct a ballroom is one example. Numerous other projects dismissive of congressional approval also exist. To list just a few: planning an 'Arc of Trump'; adding his name to the Kennedy Center for the Performing Arts with only the approval of his hand-picked board; negotiating no-bid contracts such as the one repainting the Reflecting Pool; receiving a luxuriously outfitted plane from a foreign government. These are examples of his many mundane acts of corruption. More far-reaching and pernicious anti-democratic actions also abound: expending American lives and resources in wars with Iran and supporting Israeli genocide in Gaza; instituting universally costly tariffs; restricting and censoring public reports on various issues affecting the health and livelihood of Americans everywhere; abducting—even killing—immigrants to achieve quotas of deportation without legal recourse; and on and on.

One of the most egregious assaults on democracy is the proposed proliferation of data centers. It reveals how insidious the march toward corporate elite dominance actually is. Polls indicate that 80% of Americans oppose the construction of data centers yet Trump supports Big Tech's drive to establish data centers across the country. Data centers are environmental and human health disasters. Not only do they tax the electrical grid and use unsustainable amounts of water, through massive data collection and deep analysis they also have the very real potential to construct a totalitarian state through government contracts in which algorithms of artificial intelligence are applied in projects ranging from facial recognition to autonomous military and police personnel. Without democratic control of industry and governance, the power of Big Tech to control our lives into the future presents a rapidly escalating existential threat.

At this stage in the historical evolution of capitalism it is the people who must resist being alienated from their own governance, from the power to construct a sustainable economy and to restore their responsibility to each other and the environment. If citizens fail to contain the juggernaut of corporate-authoritarian forces unleashed in recent decades, our children will likely live in a wholly dystopian world. But it doesn't have to be that way. Organized and sustained political protests, progressive reform movements, and mass mobilizations have saved the nation and other nations from the worst excesses and transgressions of powerful elites and their destructive capitalist practices and designs.