Donald Trump speaks with Blackstone chairman and CEO Stephen Schwarzman at the 79th annual Alfred E. Smith Memorial Foundation Dinner, in New York, on Oct. 17.Kevin Yin is a contributing columnist for The Globe and Mail and an economics doctoral student at the University of California, Berkeley.
I am speaking of Marc Andreessen, who went from being a lifelong Democrat to donating millions to Mr. Trump’s campaign.Even a cynical, purely profit-driven businessperson should have supported Ms. Harris. Even a hawkish conservative voter concerned about waning American international influence and preserving its economic weight should have supported Ms. Harris. To say nothing of the dangerous precedent that a second Trump presidency sets for liberal democracy at large, Mr.
But it is not simply his economic management that matters for American businesses. The inescapable fact is that the long-run sustainability of U.S. democracy is a precondition for the military and economic exceptionalism that many of these business leaders are so invested in. If Americans no longer believe that American elections are fair, then the country is one step further from its fellow advanced economies, and one step closer to the political deadlock of Venezuela.
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