Reported about 12 hours ago
In the current business landscape under Trump, CEOs are increasingly finding themselves compelled to engage in crony capitalism, where they pay a 'gratuity' to the administration in order to secure necessary export licenses, as seen with Nvidia and AMD. The arrangement raises concerns about extortionate practices in exchange for government favors, drawing parallels to the Gilded Age. Trump's tactics show a preference for companies that cater to his interests, leading to a troubling dynamic that threatens to undermine the principles of free market capitalism.
Source: YAHOO