In his new book, Ray Dalio critiques Donald Trump's approach to governance, suggesting that it mirrors the authoritarian tendencies seen in far-right regimes of the 1930s, including those led by Hitler and Mussolini. Dalio argues that Trump's actions, such as concentrating executive power and bypassing legislative checks, surpass those of previous presidents like Andrew Jackson and Franklin D Roosevelt. The book discusses Trump's expansive use of executive orders and disregard for due process, raising concerns about the erosion of democratic norms and the implications for American governance in times of conflict.
Is Donald Trump a demagogue? Dalio asks, describing the way Trump bypasses other branches of government as remarkably similar to 1930s far-right regimes.
Dalio highlights Trump's attempts to maximize presidential power as more aggressive than predecessors, likening his actions to historical figures Andrew Jackson and FDR.
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