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President Trump and the Triumph of Private Capital

(Photo: AP/Carolyn Kaster)
(Photo: AP/Carolyn Kaster) President-elect Trump and Betsy DeVos, a charter school advocate chosen by Trump as education secretary, pose for photographs at Trump National Gold Club Bedminister clubhouse in New Jersey. C harles Koch and Donald Trump may not much care for each other, but they share a common interest: a megalomaniacal desire for global power exercised through the unimpeded flow of private capital. That would explain why, despite Koch’s one-time description of a choice between Hillary Clinton and Donald Trump as being as appealing as making a choice between having a heart attack or cancer , the Trump administration is expected to be stacked with members of the donor network helmed by Charles and his brother, David, and several veterans of Koch Industries, the second-largest privately held corporation in the United States. Other names on the shortlist for cabinet posts and high-level administration jobs include millionaire and billionaire principals of privately held...

Read more http://prospect.org/article/president-trump-and-triumph-private-capital

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