In very recent memory, Trump had the power to pass a whole bunch of trade tariffs on China, India, Mexico, etc. while he was in office - which is a pretty darn major economic action.
Do you think Congress wanted that? Did he have to get legislative approval? Do you think that made (transnational) capital happy? Did congress restrict the ability of future presidents to take similar actions in future? (No.)
Also, the whole "let's send COVID relief direct payments thing," has been an executive-initiated program each time. Again, another pretty major action that runs contrary to interests of capital. (Though for this, the Paycheck Protection Plan/COVID business grants were a larger carve-out for businesses.)
In very recent memory, Trump had the power to pass a whole bunch of trade tariffs on China, India, Mexico, etc. while he was in office - which is a pretty darn major economic action.
Do you think Congress wanted that? Did he have to get legislative approval? Do you think that made (transnational) capital happy? Did congress restrict the ability of future presidents to take similar actions in future? (No.)
Also, the whole "let's send COVID relief direct payments thing," has been an executive-initiated program each time. Again, another pretty major action that runs contrary to interests of capital. (Though for this, the Paycheck Protection Plan/COVID business grants were a larger carve-out for businesses.)