News Ticker

Who Rules America? The Power Elite in the Time of Trump

By James Petras | 5 September 2017

Introduction

In the last few months, several competing political, economic and military sectors — linked to distinct ideological and ethnic groups — have clearly emerged at the centers of power.

We can identify some of the key competing and interlocking directorates of the power elite:

1. Free marketers, with the ubiquitous presence of the ‘Israel First’ crowd.

2. National capitalists, linked to rightwing ideologues.

3. Generals, linked to the national security and the Pentagon apparatus, as well as defense industry.

4. Business elites, linked to global capital.

This essay attempts to define the power wielders and evaluate their range of power and its impact.

The Economic Power Elite: Israel-Firsters and Wall Street CEO’s

‘Israel Firsters’ dominate the top economic and political positions within the Trump regime and, interestingly, are among the Administration’s most vociferous opponents. These include: the Federal Reserve Chairwoman, Janet Yellen, as well as her Vice-Chair, Stanley Fischer, an Israeli citizen and former (sic) Governor of the Bank of Israel.

Jared Kushner, President Trump’s son-in-law and an Orthodox Jew, acts as his top adviser on Middle East Affairs. Kushner, a New Jersey real estate mogul, set himself up as the archenemy of the economic nationalists in the Trump inner circle. He supports every Israeli power and land grab in the Middle East and works closely with David Friedman, US Ambassador to Israel (and fanatical supporter of the illegal Jewish settlements) and Jason Greenblatt, Special Representative for International negotiations. With three Israel-Firsters determining Middle East policy, there is not even a fig leaf of balance. […]

Be Sociable, Share!