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Trump's $2bn presidential profit signals erosion of ethical norms across Western politics

By

Tom Burgis

1d ago· 10 min readenInsight

Summary

This article analyzes how Donald Trump has transformed the American presidency into a personal moneymaking enterprise, earning over $2bn in his first year of his second term through hotels, golf courses, cryptocurrency, watches, cologne, Bibles, and more. It argues that Trump's brazen monetization of public office represents a breakdown of ethical norms, and that this phenomenon is being replicated by political grifters across Western democracies as voters increasingly embrace leaders who openly profit from their positions.

Source

bskyTrump's $2bn presidential profit signals erosion of ethical norms across Western politicstheguardian.com

Key quotes

· 3 pulled
Trump has accomplished something none of his predecessors achieved, at least not on this scale: transforming the American presidency into a moneymaking enterprise.
With voters embracing leaders who brazenly monetise public office, experts say an ethical code is breaking down
Politicians have always enriched themselves but
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With voters embracing leaders who brazenly monetise public office, experts say an ethical code is breaking down

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