"Billionaire executives have long been lauded by the corporate media as unfettered heroes advancing human progress. But the first year of Donald Trump's second presidential term should dispel any notion that wealthy CEOs will save us from the twin crises of creeping authoritarianism and intensifying global climate chaos. Today, many of these supposed icons have wasted little time groveling to Trump as he consolidates new levels of centralized power to advance a far right agenda and doubles down on climate-destroying fossil fuels."
"I'm not speaking of the openly reactionary oligarchs like Elon Musk or Peter Thiel, but of the likes of OpenAI's Sam Altman, Amazon's Jeff Bezos, Meta's Mark Zuckerberg, and BlackRock's Larry Fink, who in times past have directly or indirectly criticized Trump's authoritarian tendencies. We shouldn't be surprised. Board directors and CEOs driven by profit motives have long shown that they favor corporate interests over democracy at home and abroad,"
Wealthy corporate executives have rapidly aligned with President Trump's second term, accommodating his consolidation of power and promotion of a far-right agenda. Many prominent CEOs who once criticized authoritarian tendencies are now cooperating with his administration while supporting expanded fossil-fuel production. Profit-driven boards and executives routinely prioritize corporate interests over democratic safeguards domestically and internationally. Corporate climate pledges frequently amount to greenwashing and stop short of addressing the essential need to end fossil fuel extraction and combustion. This corporate behavior undermines meaningful climate action and enables increasing centralization of political power.
Read at Truthout
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