Home
/
RELIGION & LIBERTY ONLINE
/
Understanding Trump: The Deal-Maker as Redistributionist
Understanding Trump: The Deal-Maker as Redistributionist
May 7, 2025 6:10 AM

[Note: This is the secondin an occasional series evaluating the remaining presidential candidates and their views on economics and liberty. You can find the first article here.]

In the previous article in this seriesI explained that the key to understanding Donald Trump’s economic policies is the recognition that, for him, policy and principle are secondary to process. The overriding concern for Trump is not money or wealth but deal-making.

“I don’t do it for the money . . . I do it to do it,” wrote Trump in The Art of the Deal. “I like making deals, preferably big deals. That’s how I get my kicks.”

This flippant disregard for money is the type of thing that is only said by saints and trust fund kids. And Trump is no saint.

Trump started out in business with a loan from his father worth almost $7 million in 2016 dollars. He also inherited between $40 and $200 million when his father died in 1999. As a rich kid, he’d be fabulously wealthy even if he never worked a day in his life.

Because he has never had to be concerned about earning money, hehas always treated it as a measuring stick. For Trump, dollars are the main way that “deals” are measured. The more dollars you can extract from someone else, the more you “win.”

This may sound like the normal process of capitalism, but it’s not. In a free enterprise system (at least in an ideal one) “deals” are mutually beneficial to both parties. The deal may not be equally beneficial to both parties or even beneficial in the same way, but each side must believe they are better off for having entered into an economic exchange. If they did not, they would not have agreed to the deal.

There is a way, however, to “win” at a deal without everyone involved agreeing that it was mutually beneficial: get the government to redistribute someone else’s property to you.

Redistribution, whether of e or wealth, is the transfer of property from some individuals to others by means of a social mechanism. Although redistributioncan take benign and voluntary forms (such as charity), the termisusually usedto refer to redistribution by force using government means (taxation, confiscation, etc.).

Trump says that deals are his art form. If so, it isbecause he is a master redistributionist. Almost every dollar Trump has earned through his “deals” e from some form of government redistribution.

Trump is notorious for using the government’s power of eminent domain to “win” at deals. He has even said, “I think eminent domain is wonderful.” (This is one type of redistribution that even makesthe socialist Bernie Sanders uneasy.) Trump has also abused the bankruptcy laws four times(!) to score “wins” over his creditors.

It’s not surprising, then, that his love for redistribution of wealth is seeping into his economic policy proposals. He has repeatedly hinted that if it helps him to win deals with the Democrats, he’ll implement even greater levels of government redistribution.

For example, Trumprecently implied that under his presidency taxes would go up on the rich. “I am willing to pay more,” he said. “And you know what? Wealthy are willing to pay more. We’ve had a very good run. You know, we hear all about Obama, we hear all about — we’ve had a very good run.” He also implied that individual states should raise the minimum wage

(Since making these statements, Trump has done what he always does: flip-flopped and prevaricated. In assessing ments it’s probably best to assume that he’s telling the truth the first time, when he is unguarded, than later when his advisors point out that he shouldn’t tell voters what he truly thinks. But because of his inarticulateness and economic ignorance, it’s truly difficult to know what he really means, much less what he would actually do if he was president.)

It is distressing that crony capitalists like Trump are allowed to use the government to legally plunder the wealth of their fellow citizens. But it is downright frightening to think that our fellow citizens would choose to make a crony like Trump theplunderer in chief.

In the next article in this series we’ll take a look at some of the reasons to consider Trump as one of the most economically ignorant candidates in the history of American presidential politics.

Comments
Welcome to mreligion comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
RELIGION & LIBERTY ONLINE
Acton University: What can you do today to make a difference for tomorrow?
I have an overwhelming desire to connect my passions with positive change. But there are so many things in this world to be passionate about. Passion to make the world a better place. Passion to expand education, uplift the impoverished, and abolish injustice. I find myself stuck; Wanting to do more, but not being capable of such grand plans… Last week my friend asked: “What can you do today to make a difference for tomorrow?” Her challenge blew me away....
A encíclica “Laudato Si´”: bem intencionada, mas economicamente insensata
On Friday, the Instituto Ludwig von Mises Brasil published a Portuguese translation of Samuel Gregg’s recent article about the economic flaws in Pope Francis’s environment encyclical. Matheus Pacini of the IMB translated mentary, originally published June 19 in The American Spectator. Nos dias posteriores à publicação da nova encíclica do papa Francisco, Laudato Si’ (Louvado Seja), a maioria entários abordava as possíveis implicações da mesma para o debate sobre as mudanças climáticas. Um esforço para influenciar esse discussão — sendo...
Good, true, and beautiful: C.S. Lewis
Silence took the place of applause as the room struggled to manifest a question to the finality of Peter Kreeft’s lecture; unfazed, the professor filled with excitement at the chance to quip the crowd quoting Aristotle: “human beings are curious by nature.” A smirk crept across his face as he both laid forth a potential congratulation for our ascension beyond curiosity as gods or the insult of being beasts below curiosity. With that, the air filled with questioning hands. A...
Pope’s Encyclical: Eschew Air Conditioning?
I know why Victorian women fainted so much. They were too hot – literally. Wearing layers and layers of clothes, corseted to the point of not being able to breath, attempting to make merry in rooms draped and swathed and festooned with velvet furniture and bric-a-brac. If you think about London in the summer … you’d faint too. I will happily keep my modern clothing and my air conditioning, thank you. Not so fast, says Pope Francis. His encyclical, Laudato...
What About Naomi?
In my lifetime I’ve witnessed some odd pairings – Tony Bennett and Lady Gaga being among the most recent – but none so bizarre as Pope Francis and Naomi Klein. The Pope needs no explanation, but Ms. Klein may leave some readers scratching their heads. The telegenic Canadian activist actually was invited to participate in a stacked-deck of climate-change true-believers at the Vatican. Organizers of the event, “Planet First: The Imperative to Change Course” – held July 1 and July...
Women in Philippines Pose As Nuns To Ensnare Children Into Trafficking
I’ve read and heard a lot of horrible stories about human trafficking. Every time I think I’ve heard the worst, I find another one that horrifies me. This one certainly falls into that category: According to a news outlet in the Philippines, girls in thecountrysidewere lured away from their home with the promise of studying in Manila, and almost abducted into a life of human trafficking—by women dressed as Catholic nuns. In a very twisted way, this makes sense. In...
The FAQs: Christian Bakers Face $135k Fine and Gag Order Over Wedding Cake for Same-Sex Couple
What is the case about? In 2013, a lesbian couple went into Sweet Cakes, a bakery in Oregon, to order a “wedding cake” for their mitment ceremony. When the couple told the baker, Aaron Klein that it was for a same-sex ceremony, he told them he would serve homosexuals but that his religious beliefs would not allow him to participate by creating the cake for them. The couple filed plaint with the Oregon Labor Commission, claiming Sweet Cakes and the...
5 Facts About Independence Day
July 4, 2015 will be America’s 239th Independence Day, the day Americans celebrate our Declaration of Independence from Great Britain. Here are five facts you should know about America’s founding document and the day set aside for memoration. 1. July 4, 1776 is the day that wecelebrate Independence Dayeven though it wasn’t the day the Continental Congress decided to declare independence (they did that on July 2, 1776), the day we started the American Revolution (that had happened back in...
Christopher Dawson and the Dynamics of History
On June 17, 2015, Bradley Birzer taught a course at Acton University entitled “Christopher Dawson and the Dynamics of History” in which he outlined the life and thought of the great historian. Describing Dawson as “an academic’s academic,” Birzer explained that although many people have never heard of Dawson, he nevertheless influenced many popular Christian intellectuals, such as C.S. Lewis, J.R.R. Tolkien, and Flannery O’Connor. And what was that influence? Christopher Dawson believed his life’s calling was to record the...
Classic Chuck Colson: Stand Up For Religious Freedom
Chuck Colson, founder of Prison Fellowship and BreakPoint, spoke in a 2009 Breakpoint broadcast about religious liberty. His words apply even more today. Allow me to make a very direct statement. I believe it is time for the Church in this country to stand up for religious freedom. Especially over the course of the last few years, we have seen repeated efforts — in the courts, in state legislatures, in Congress and on Pennsylvania Avenue — to erode what has...
Related Classification
Copyright 2023-2025 - www.mreligion.com All Rights Reserved