Deregulated brass knuckles capialtism doing its thing
A NYT opinion piece, The Open Secret Buried in Anthropic’s 300-Page I.P.O. Filing, focuses on the huge amounts on money in play. This opinion raises the usually-present issue of who and what to trust when elites in politics, commerce or religion are doing what they do. In the years before and after the USSC’s 2010 Citizens United decision opened floodgates that held back much of the corrupting power of special interest money in politics, power has been flowing from the public interest and the public itself to special interests with a lot of wealth, power, or both. With the election of Trump and rise of MAGA elites to power, they have blown the dam itself to smithereens, while being aided by additional pro-corruption USSC decisions. What is left for us are annoyances in the dam’s rubble that special interests have to steer their money and its power through. They usually get what they want.
The trust issue is grounded in what by now is obvious to most open-minded people paying at least some attention to politics. Specifically, now that Trump and MAGA elites have gutted and neutered power and protections for the people and the public interest, can institutions weakened or neutered by politicians made complicit by private wealth and power, still give the public a meaningful protection regarding AI’s basically unregulated expansion. Put another way, what if any any rational basis is left to trust what mostly unregulated AI, or any other business sector** wants to do, regardless of how badly it damages or disempowers us and the public interest?
** For example, consider Exxon-Mobil and other all major pollute-for-profit businesses and their financiers. The public interest dam has not vanished completely. But major breaches and feeble law enforcement leave wealthy interests far too much room to convert small amounts of their private fortunes into lots of public power. That is the political backdrop against which we are being asked to trust the architects of the AI economy, pollute-for-profit businesses, etc.
Thoughts on trust vs distrust
Based on closely watching how American elites operate and what they do, a reasonable person can believe that concluding bad motives** of MAGA and most deregulated businesses is supported by evidence. That can be sufficient for the court of public opinion. If one has watched events in the years before and after the USSC’s 2010 pro-corruption Citizens United decision, nearly all the evidence points to the worst motives in play for the elites in politics and commerce.
** Bad motives like corrupt, authoritarianism, mendacious, deceptive, autocratic, Christian nationalist theocratic, oligarchic, more mendacity, more corruption, etc.
That is not a reflexive suspicion of one company. It is a judgment formed over years. There is a persistent pattern in how powerful people acquire influence, justify their decisions, and distribute the benefits and costs. The accumulated public record of bad motives and bad acts arguably has exhausted the elites’ entitlement to any presumption of good faith.
Q1: Have Trump and MAGA elites in power exhausted their entitlement to any presumption of good faith?
Q2: Have elites among the Democratic socialists and social democrats exhausted their entitlement to any presumption of good faith? What about the Wall Street Democratic Party elites, e.g., Schumer and Hakim Jefferies?
Some info sources:
Ted Cruz for Senate, et al. v. FEC — The FEC struck down the $250,000 limit on using post-election contributions to repay a candidate’s personal campaign loans.
Citizens United v. Federal Election Commission (2010) — A pro-corruption USSC decision that legalized this: Corporation $ → PAC → politician’s campaign. Before this decision, this was (and still is) illegal: Corporation $ → politician’s campaign. See the new and “improved” way for special interest money to exert power over our political system by buying politicians and political parties?
McDonnell v. United States, 579 U.S. ___ (2016) — A pro-corruption USSC decision that narrowed the definition of an “official act” for the corruption charges at issue.
Snyder v. United States (2024) — A pro-corruption USSC decision that a federal law covering state and local officials prohibiting bribes, did not cover after-the-fact gratuities. Here the USSC converted illegal bribes to state politicians and officials into legal “gratuities” or “tips” after the politician did what the tip-payer wanted.






