14-03-2017 21:05 via thestranger.com

How Trump Capitalism Will Transform the US Into Another Nigeria

by Charles MudedeLagos, Nigeria is the capital of System D.peeterv/gettyimages.com
What kind of capitalism is Trump's? In a sense, it's a variation of the kind of capitalism that made Mitt Romney rich; Romney's capitalism exploited private enterprises by buying them and stripping them of the value they accumulated during the period of large-scale material capital investments and strong unionized labor (1947 to 1980). Corporate raiders like Romney attacked companies for their assets, which took t
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