Among dozens of companies competing for Pentagon contracts to supply attack drones, one stands out.
Powerus is flush with cash and ballooning in size as it buys up rivals and has one other advantage: It is partly owned by Donald Trump’s two oldest sons.
The Trump family has drawn criticism for expanding its real estate business into foreign countries that are trying to curry favor with the president and for making billions of dollars off cryptocurrency ventures benefiting from his policies. Grabbing less attention are new ownership stakes in federal contractors providing everything from rocket parts and rare earth magnets to AI chips and computer hardware.
About ten years ago I read “Fascism and great capital” by Daniel Guérin. Back then it blew my mind that the industries (during WWII) were so intertwined with war, occupation, genocide. My simple understanding then was that wars were mostly ideological. He wrote it in 1934 and already he was seeing clearly the collusion of these spheres.