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tech capitalists
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Category Archive for:
tech capitalists
Trumpism’s multiple factions
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As the Trump administration attacks oppressed communities and dismantles social and environmental programs with breathtaking speed, it’s important that we understand our enemy’s strengths, weaknesses, and contradictions. The Trump movement encompasses at least five major components and multiple fault lines. A major point of potential conflict within the administration is between established capital’s socially conservative wing (represented by Project 2025 contributors such as Russell Vought, Peter Navarro, and Tom Homan) and big tech capital (represented by figures such as Elon Musk and JD Vance), a conflict that big tech is likely to win.
The DOGE and the neoreactionaries
While MAGA movement ideology centers on right-wing populism, DOGE's attack on the administrative state is guided by neoreactionaries, whose ideology glorifies elites and rejects populist appeals in principle. And while the first Trump administration was backed by an unstable coalition of competing capitalist interests, now high technology capitalists closely aligned with neoreactionary politics are at the head of the pro-Trump business bloc. These changes have helped make the second Trump presidency more dangerous than the first, but they also point to potential divisions and conflicts within the Trump coalition.