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The Trump era has weaponized a 40-year power shift
What happened
AlterNet argues that the Trump era has weaponized a transfer of economic and political power that began in the 1970s and 1980s. Robert Reich identifies the beneficiaries as major corporations, executives, shareholders, financial elites and technology billionaires, whose wealth finances campaign contributions, media ownership, litigation and public-relations campaigns.
Reich ties that power shift to weakened antitrust enforcement, declining private-sector unionization, lower taxes on the extremely wealthy and growing corporate concentration. He describes Trump-era corruption as…
The skinny
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