Ben BayerWe are happy to publish an excerpt from Ben Bayer’s article “CEOs under the Trump Administration Explode the Myth of “‘Plutocracy’,“ first published in The Hill. New Ideal will publish it in full on April 16, 2025.
According to a popular view on the political left, businessmen want to control the government and our lives in service of their profits. So when a businessman like Donald Trump becomes president it might seem to confirm their worst fears about “plutocracy.”
But since Trump assumed office, not many CEOs resemble “plutocrats.” If anything, they’ve been treated as pawns, not kings.
Ibis Slade
