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Libloom

(53 posts)
6. The WSJ funny enough is saying the same
Thu Aug 14, 2025, 06:09 PM
Aug 14
https://www.wsj.com/economy/the-u-s-marches-toward-state-capitalism-with-american-characteristics-f75cafa8?gaa_at=eafs&gaa_n=ASWzDAgbTtnm8FvIZ7cjVDWU7CNL1-mOuinyLmGQKlE9hHblRSvi3CEnIqnOextqvCI%3D&gaa_ts=689e614b&gaa_sig=ZH8LStwB47rvXFIBYtioxE17raxNslm9fPGGypNeQu6XxzED53JVNszLEdePj1Q2UUTZAkmqgsoVgdFnQgKsXw%3D%3D

The U.S. Marches Toward State Capitalism With American Characteristics

A generation ago conventional wisdom held that as China liberalized, its economy would come to resemble America’s. Instead, capitalism in America is starting to look like China.

Recent examples include President Trump’s demand that Intel’s chief executive resign; the 15% of certain chip sales to China that Nvidia and Advanced Micro Devices will share with Washington; the “golden share” Washington will get in U.S. Steel as a condition of Nippon Steel’s takeover; and the $1.5 trillion of promised investment from trading partners Trump plans to personally direct.

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1 members have recommended this reply (displayed in chronological order):

So hildegaard28 Aug 14 #1
It's actually a tax that's passed on to the American people as the companies will hike prices to compensate. cstanleytech Aug 14 #4
I was hildegaard28 Aug 14 #5
Yes, I'm saying that the companies will offset anything that they "give" in the form of higher prices. cstanleytech Aug 14 #12
Add that one to the growing list mdbl Aug 15 #13
The WSJ funny enough is saying the same Libloom Aug 14 #6
If past is prologue... EarthFirst Aug 14 #2
If past is prologue the GOP should start squawking about govt price control! fascism! socialism! communism! Except wiggs Aug 14 #7
Trump's fire will go out of control. Then, look out. Charred remains. twodogsbarking Aug 14 #3
Remember when Republicans used to say we don't want the government picking winners and losers? (n/t) thesquanderer Aug 14 #8
They're waiting Trump out Mz Pip Aug 14 #9
Well tell them I've been saying this for 10 years and it hasn't happened yet mdbl Aug 15 #14
Really? they think he's going away MadameButterfly Aug 15 #16
"And which CEO's will survive his purge?" OldBaldy1701E Aug 15 #18
This is classic fascism DBoon Aug 14 #10
Trump is not the deal maker "Master" he claims to be. Septua Aug 14 #11
I'm sure it's illegal. We just don't have an ethical justice system any longer. mdbl Aug 15 #15
On the topic of legality Septua Aug 15 #17
Not to negate your response but the Cato Institute's mission is no laws or regulations mdbl Aug 15 #19
It was the first link that caught my eye on a search. Septua Aug 15 #20
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