Friday, 1 May 2026

Trump has given gangster capitalism a legitimacy once confined to crime films and mafia mythology

 Trump has given gangster capitalism a legitimacy once confined to crime films and mafia mythology.

He wages war at home and abroad, funnels public money into detention camps and punitive institutions, and treats the law as an inconvenience rather than a binding democratic principle. Civic responsibility withers in the shadow of his rule. What remains is a politics organized around corruption, cruelty, spectacle, and unaccountable power.

He imprisons and kills with impunity, at home and abroad, while arming state violence overseas and enabling the ongoing destruction of Palestinian lives. He has transformed the Department of Justice into an instrument of vengeance, expanding a carceral state aimed at migrants, people of color, and anyone who dares to dissent. Incompetence is no longer a liability but a credential, as government fills with loyalists, enforcers, and obedient functionaries.
This is not simply corruption, though the scale of corruption is staggering. It is rule by plunder, a presidency transformed into a private revenue stream, with vast sums funneled into his orbit. Power feeds on itself while hollowing out every democratic institution it touches. His aesthetic mirrors his politics: a grotesque revival of Gilded Age excess, vulgar, gaudy, crude, and predatory. He embodies an anti-intellectualism so deep it fears not only ideas, but the very act of thinking itself.
He is not an aberration. He is a warning, an avatar of a future organized around violence, disposability, and the slow death of democracy. He is a white nationalist and white supremacist who delights in waging holy wars abroad while constructing a machinery of repression at home, one bent on erasing memory, history, ethics, and all those deemed outside the boundaries of white Christian nationalism. Trump is not the disease. He is its symptom, its spectacle, and its most vulgar spokesman.
What matters most is refusing the illusion that America’s descent into fascism will end with Trump’s removal or eventual demise. He is, at this historical moment, the logical expression of globalized gangster capitalism. Trump was produced by a system rooted deeply in structural inequality, racial violence, white nationalism, and colonial domination at home and abroad. He is the toxic discharge of a dying political order.
His sycophants are grotesque cartoon figures who live on their knees and speak with blood in their mouths. The odor of sniveling cowardice hangs everywhere. In the midst of this descent into moral abandonment, Ron DeSantis proposes naming the Palm Beach airport after Trump. It is yet another symbol of moral rot produced by a system intent on manufacturing fascist subjects and building the institutions necessary to discipline and control them.
The issue is not merely no more kings. It is no more gangster capitalism.
Is there no limit to this assault on memory, justice, and the possibility of a substantive socialist democracy?
We are no longer standing at the edge. The age of barbarism has arrived. Let us hope the massive protests now unfolding across the country become more than isolated acts of dissent. Let them grow into a mass movement uniting workers, educators, youth, artists, intellectuals, and all those rendered disposable by the machinery of gangster capitalism. Only such a movement can transform outrage into power, resistance into solidarity, and despair into democratic possibility.
The choice before us is stark: socialism or barbarism, democracy or gangster rule, shared futures or organized cruelty. History has opened the question. What remains is whether people will answer it.
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Henry A. Giroux currently holds the McMaster University Chair for Scholarship in the Public Interest in the English and Cultural Studies Department and is the Paulo Freire Distinguished Scholar in Critical Pedagogy. Second half should read: His latest books are The Burden of Conscience: Educating Beyond the Veil of Silence (Bloomsbury in 2025); Assassins of Memory: Critical Pedagogy and the Politics of Erasure (Bloomsbury, 2026). He is LA Progressive's Associate Editor.

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