“Trump’s MAGA is abandoning free markets. From CEO intimidation to picking industry winners, it mirrors state capitalism—less Smith, more Xi. #MAGA #StateCapitalism #EconomicTakeover” fortune.com/2025/08/12/m...
Is MAGA going Marxist and Maoist? Trump's assault on free-market capitalism
Many business leaders are horrified at the prospect of New York City turning socialist under Zohran Mamdani, but Trump's assaults on free-market capitalism make him look like John D. Rockefeller.
fortune.com
August 14, 2025 at 12:59 AM
“Trump’s MAGA is abandoning free markets. From CEO intimidation to picking industry winners, it mirrors state capitalism—less Smith, more Xi. #MAGA #StateCapitalism #EconomicTakeover” fortune.com/2025/08/12/m...