"After the inauguration of Andrew Jackson, in 1829, thousands of his supporters poured into the White House to celebrate. The crowd overwhelmed the staff and trashed some of the furniture before the party was relocated to the White House lawn. The episode earned Jackson the nickname "King Mob" and became a symbol of his man-of-the-people persona. Donald Trump is often compared to Jackson, but the events he has hosted since his second inauguration carry a different sort of symbolism."
"In May, he held a dinner at one of his golf courses for the 220 people who had spent the most money-$148 million, collectively-to buy his $TRUMP crypto meme coin. In October, he hosted a White House dinner for the rich individuals and corporate executives who had donated to his White House-ballroom project. For the past decade, Trump has supposedly been on the verge of breaking from the laissez-faire economics of the Reagan GOP-otherwise known as neoliberalism-in favor of pro-worker populism."
Andrew Jackson's 1829 inauguration saw thousands of supporters pour into the White House, overwhelm staff, and trash furniture, earning the nickname "King Mob" as a man-of-the-people symbol. Donald Trump has hosted events signaling elite access, including a May dinner for the 220 largest buyers of his $TRUMP crypto meme coin and an October White House dinner for wealthy donors to his White House-ballroom project. Trumponomics mixes hands-on market interventions with strong pro-business policies that empower corporations and billionaires. The result produces simultaneous state-backed corporate intervention and expanded corporate freedom, intensifying profit-seeking.
Read at The Atlantic
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