Trump’s No Bug

I don’t really understand the shock at his victory. This is what … capitalists have been working toward for the past century. The corporations which have been running our country one step removed were clearly going to cut out the middlemen eventually, and it seems 2016 is the year public apathy was at a high enough level for them to properly capitalize on it. Leaders like Trump are a feature of capitalism, not a bug.

— Anonymous interviewee in The Guardian, 17 Dec, 2016

[see Is the Sky Falling? in which I write, “[Trump] is an agent of creative destruction, the essence of capitalism according to the Austrian economist Schumpeter, who saw this inner dynamic as the principal contradiction which would led to its collapse. Others are not so sure. Like a virus which mutates to ensue its survival and proliferation, the economic system based on capital may well have a long future ahead.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.