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Summers Compares Trump's Amazon Attack to Italy Under Mussolini

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Mon, 09 Apr 18 1:38 AM | 56 view(s)
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Summers Compares Trump's Amazon Attack to Italy Under Mussolini

Former Treasury Secretary Lawrence Summers called Donald Trump’s attacks on Amazon.com Inc. a “jihad” akin to what happened in Benito Mussolini’s Italy and other totalitarian states.

While saying it’s fine to give antitrust scrutiny to a large company, Summers suggested that Trump is singling out Amazon because Chief Executive Officer Jeff Bezos owns the Washington Post newspaper, whose coverage has drawn the president’s ire.

“What is not the job of the president of the United States is to go on a jihad against a company because he does not like the activities of a newspaper that is privately owned by its CEO,” Summers, who served Democratic presidents, said on CNN’s “Fareed Zakaria GPS.”

“It is something that should be deeply concerning to business people everywhere,” said Summers. He added that Trump is shifting the U.S. approach to business from the rule of law to the “rule of deals” with ad-hoc attacks on Amazon and other companies.

more:
http://www.bloomberg.com/news/articles/2018-04-08/summers-compares-trump-s-amazon-attack-to-italy-under-mussolini




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