The country has entered a dangerous period. The president-elect is the least qualified man to ever hold high office. He also operated the least transparent campaign of the modern era. He gave succor and voice to bigoted elements on a scale not seen in two generations. He openly praised dictators — not as allies but as dictators — and threatened to use the powers of his office to discipline the media. He also has a long history of corrupt behavior, and his business holdings pose staggering conflicts of interest that are exacerbated by his lack of financial disclosure. But while most journalists and members of the opposition party think they understand the threat of Trump-era corruption, they are in fact drastically underestimating it. When we talk about corruption in the modern United States, we have in mind what Andrei Shleifer and Robert Vishny define as “the sale by government officials of government property for personal gain.”
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