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With Trump vs. Musk, Capitalist Democracy Reaches a New Low

Summary by Jacobin
Two billionaires, Donald Trump and Elon Musk, are squabbling over the federal government’s spoils. It seems almost quaint to worry about a revolving door between the public and private sectors now that the whole facade’s been blown off. This week, as Donald Trump and Elon Musk's alliance breaks down in a flurry of taunts and ripostes on the social media platforms owned by each, we're witnessing something vastly cruder than corporate capture of …

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Jacobin broke the news in on Saturday, June 7, 2025.
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