Donald Trump Positions More Like Communism Than Capitalism, Professor Warns

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Jeffrey A. Sonnenfeld, head of Yale's Chief Executive Leadership Institute, wrote on that CEOs are 'overwhelmed by worries' about another Trump presidency.

Jeffrey A. Sonnenfeld, president of the Yale Chief Executive Leadership Institute, said a host of Donald Trump's economic initiatives 'share more in common with Karl Marx than Adam Smith' in a guest essay published on Sunday by The New York Times. Sonnefeld threw cold water on the former president's claims that he has overwhelming support from big business CEOs as he seeks a second term in the White House this year.

'Sonnenfeld contends that big business leaders knock Biden for being tough on antitrust enforcement and for his 'misguided attacks on corporate greed.

 

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