When Money Replaces Guns: The Business Plot of 1933 and Today’s Corporate Influence
Back in 1933, there was this crazy plot called the Business Plot. Some rich businessmen didn’t like Roosevelt’s New Deal, so they tried to recruit a retired general, Smedley Butler, to lead a coup with World War I veterans. The goal? Overthrow the president and protect their own interests. Butler refused and went straight to Congress, exposing the whole thing. No one went to jail, but it showed just how far elites were willing to go to protect themselves.
Fast forward to today. We don’t see businessmen marching with rifles, but they’re still trying to grab power — just with money instead. Campaign spending is insane now. In the 2024 federal election cycle, Americans spent over $16 billion. Super PACs and other groups can dump unlimited money into campaigns thanks to the Supreme Court’s Citizens United decision. This isn’t charity — it’s an investment to get policies that favor the rich: tax breaks, deregulation, weaker labor laws, and less consumer protection. Normal citizens don’t stand a chance against that kind of cash.
And here’s the kicker: we actually have a businessman in the White House now. Donald Trump ran the country like one of his companies, treating citizens like customers and the presidency like a business venture. Democracy isn’t meant to be run like a boardroom. When a president thinks like a CEO, ordinary people lose, because decisions are made for profit and loyalty, not for the good of the country.
The difference between then and now is that back in 1933, the plotters were breaking the law with guns and generals. Today, it’s legal — campaign finance loopholes and lobbying networks make it okay to influence politics with money. But the effect is the same: power concentrated in the hands of a few, and regular Americans left out. The scary part? Trump’s rise shows what happens when a businessman says yes to that power — and the nation doesn’t push back. Once money controls democracy, it stops being democracy at all.
Sources
Archer, Jules. The Plot to Seize the White House. Hawthorn Books, 1973.
McCormack-Dickstein Committee. Final Report of the Special Committee on Un-American Activities Authorized to Investigate Nazi Propaganda and Certain Other Propaganda Activities. U.S. House of Representatives, 1935.
OpenSecrets. “Cost of Election.” OpenSecrets.org, Center for Responsive Politics, 2024.
United States Supreme Court. Citizens United v. Federal Election Commission, 558 U.S. 310 (2010).
Kennedy, David M. Freedom from Fear: The American People in Depression and War, 1929–1945. Oxford University Press, 1999.
Mayer, Jane. Dark Money: The Hidden History of the Billionaires Behind the Rise of the Radical Right. Doubleday, 2016.
OpenSecrets. “Top Spenders.” OpenSecrets.org, 2024.
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