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Trump to global CEOs and financiers in Davos, Switzerland: “America is open for business.” We’re now a great place for you to make money. We’ve slashed taxes and regulations, so you can make a bundle here.

Trump to ambitious young immigrants around the world: America is closed. We don’t want you. Forget that poem affixed to the Statue of Liberty about bringing us your poor yearning to breathe free. Don’t even try.

In Trump’s America, global capital is welcome, global people aren’t.

Well, I have news for the so-called businessman. America was built by ambitious people from all over the world, not by global capital.

Global capital wants just one thing: A high return on its investment.

Global capital has no obligation to any country or community. If there’s another place around the world where taxes are lower and regulations laxer, global capital will move there at the speed of an electronic blip.

Global capital doesn’t care how it gets that high return. If it can get it by slashing wages, outsourcing to contract workers, polluting air and water, defrauding investors, or destroying communities, it will.

Trump’s America: Open to Global Capital, Not to Global People

Robert Reich contrasts perfectly what Trump is all about and in fact, he represents his party well irrespective of his populist facade.


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