Follow the money. Big corporations want to to shift ever more of their profits to low-tax nations. So they're using a small portion of their humongous profits to bribe Republican lawmakers and a few Democrats like Manchin to vote against the global minimum.
What's Hungary's interest? Start with the fact that Viktor Orban and his government don't believe in democracy. They're pushing white Christian nationalism instead.
It's the same culture war advanced by the likes of Trump, Tucker Carlson, Steve Bannon, Pennsylvania Republican gubernatorial candidate Doug Mastriano, Colorado Representative Lauren Boebert, and Georgia Representative Marjorie Taylor Greene, among others.
White Christian nationalism is the perfect foil for the rising tide of global corporate predation. This way, sovereignty becomes a matter of race and ethnicity rather than economics. Focusing on immigrants "replacing" the white race diverts attention from how much tax revenue global corporations are forcing average people to replace.
A similar coalition between global capitalists and nationalist cultural warriors in the 1920s set the stage for the horrors of the 1930s and the ravages of World War II. Beware.
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How global corporations are using white Christian nationalism
robertreich.substack.com
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