
Sign up to save your podcasts
Or
For generations, the Trump family has used government and politicians as a path to profit. As president, Donald Trump has taken things even further.
“This guy is a state capitalist,” said Trump’s first biographer, reporter Wayne Barrett, in a 1992 WNYC interview, cited extensively in this episode. “[In] every single one of his major deals, he was designated to be a millionaire and subsequently a billionaire by the government officials that he co-opted and compromised.”
“The Trump family is not shy on transforming their wealth into power in a very crude and brutal way,” says economist Gabriel Zucman, co-author of the book “The Triumph of Injustice: How the Rich Dodge Taxes and How to Make Them Pay.” “But that's the nature of extreme wealth. When you're extremely wealthy what do you do? You spend your wealth and your time trying to defend your established position.”
This episode is based on reporting from host Andrea Bernstein’s new book “American Oligarchs: the Kushners, the Trumps, and the Marriage of Money and Power.” Read about the history of a 40-year tax break Trump negotiated for his Grand Hyatt hotel at ProPublica.
4.6
55685,568 ratings
For generations, the Trump family has used government and politicians as a path to profit. As president, Donald Trump has taken things even further.
“This guy is a state capitalist,” said Trump’s first biographer, reporter Wayne Barrett, in a 1992 WNYC interview, cited extensively in this episode. “[In] every single one of his major deals, he was designated to be a millionaire and subsequently a billionaire by the government officials that he co-opted and compromised.”
“The Trump family is not shy on transforming their wealth into power in a very crude and brutal way,” says economist Gabriel Zucman, co-author of the book “The Triumph of Injustice: How the Rich Dodge Taxes and How to Make Them Pay.” “But that's the nature of extreme wealth. When you're extremely wealthy what do you do? You spend your wealth and your time trying to defend your established position.”
This episode is based on reporting from host Andrea Bernstein’s new book “American Oligarchs: the Kushners, the Trumps, and the Marriage of Money and Power.” Read about the history of a 40-year tax break Trump negotiated for his Grand Hyatt hotel at ProPublica.
6,083 Listeners
9,113 Listeners
1,528 Listeners
43,923 Listeners
36,942 Listeners
7,705 Listeners
3,462 Listeners
6,649 Listeners
16,350 Listeners
7,546 Listeners
9,297 Listeners
6,819 Listeners
9,672 Listeners
27,739 Listeners
11,557 Listeners
5,101 Listeners
16,356 Listeners
1,015 Listeners
2,896 Listeners
1,844 Listeners
10,294 Listeners
2,798 Listeners
31,731 Listeners
7,104 Listeners
3,406 Listeners