
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.
By WNYC Studios4.6
55635,563 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.

6,916 Listeners

9,224 Listeners

4,098 Listeners

1,578 Listeners

3,547 Listeners

480 Listeners

5,626 Listeners

12,706 Listeners

14,450 Listeners

6,434 Listeners

1,541 Listeners

3,506 Listeners

2,801 Listeners

1,405 Listeners

32,416 Listeners

1,196 Listeners

9,389 Listeners

5,767 Listeners

421 Listeners

12,862 Listeners

8,596 Listeners

675 Listeners

16,492 Listeners

2,824 Listeners

644 Listeners

10,928 Listeners

2,607 Listeners

1,966 Listeners

7,066 Listeners

85 Listeners

250 Listeners

20 Listeners

88 Listeners