The elites strike back getting under Trumps skin

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Steven Pearlstein, a Washington Post business writer, believes that last week’s resignations from the advisory councils are “likely to be looked back upon as a turning point in the evolution of American capitalism — an acknowledgment from some of the nation’s top corporate executives that the single-minded focus on maximizing profits and share prices that has been their mantra for the past three decades is no longer politically viable or morally acceptable.”

“Now, after decades of preaching that what was good for General Motors is good for America, corporate leaders have acknowledged that it might actually be the other way around — that what’s good for America is good for General Motors,” he concludes. “However belated the conversion, their action this past week was courageous and impactful. We owe them our gratitude.”