Can’t say I agree in our present political environment. While this is unquestionably true in liberal regimes, the fact remains that JP Morgan and the Rockefellers don’t have the guns
I’m not so sure. Trump agitating for Powell’s ouster is a good example of directly contradicting the preferences of the banks. Oil execs were notably nonplussed at the prospect of commiting capital towards developing Venezuelan oil fields. Tariff policy is unquestionably bad for business. As is this Greenland thing.
The influence of pure capitalist rationality is markedly subdued in the trump administration. Like sure it’s still there, but there’s a meaningful amount of ideology as well. Moreso than usual.
Can’t say I agree in our present political environment. While this is unquestionably true in liberal regimes, the fact remains that JP Morgan and the Rockefellers don’t have the guns
Corporate interests (either via the military industry or finance capital) are definitely still the main driver of US imperial policy.
I’m not so sure. Trump agitating for Powell’s ouster is a good example of directly contradicting the preferences of the banks. Oil execs were notably nonplussed at the prospect of commiting capital towards developing Venezuelan oil fields. Tariff policy is unquestionably bad for business. As is this Greenland thing.
The influence of pure capitalist rationality is markedly subdued in the trump administration. Like sure it’s still there, but there’s a meaningful amount of ideology as well. Moreso than usual.