Could President Trump’s trump card to ensure re-election in 2020 be to go The Full Bully and channel his Inner Teddy Roosevelt by busting up the Big Tech Trust Monopoly?
And by Full Bully I mean “bully!” – as was TR’s favorite phrase.
Instapundit proprietor and law professor Glen Reynolds has an instructive piece at USA Today (speaking of Big News) on how Trump can win the hearts and pocketbooks of media consumers everywhere by going after what he calls FANG: Facebook, Amazon, Netflix and Google.
From the post:
President Donald Trump has an opportunity to follow in former President Teddy Roosevelt’s footsteps.
Roosevelt built a strong reputation by going after the trusts, huge combinations that placed control of entire industries in the hands of one or a few men.
Today, things look a lot like Teddy Roosevelt’s era. A few monopolies occupy much of the tech world: Facebook, Amazon, Netflix and Google — FANG, as they’re often abbreviated. They gobble up potential competitors
And these new tech monsters have a one-two punch that Standard Oil lacked: Not only do they control immense wealth and important industries, but their fields of operation — which give them enormous control over communications, including communications about politics — also give them direct political power that in many ways exceeds that of previous monopolies.
As Wu writes: “Big tech is ubiquitous, seems to know too much about us, and seems to have too much power over what we see, hear, do, and even feel. It has reignited debates over who really rules, when the decisions of just a few people have great influence over everyone.”
Facing a similar situation, Roosevelt declared, “When aggregated wealth demands what is unfair, its immense power can be met only by the still greater power of the people as a whole.”
With today’s economy dominated by the FANG companies, will Donald Trump — another brash New Yorker who found himself in the White House — follow TR’s lead? Perhaps a better question is, why wouldn’t he?