American ‘State Capitalism’ Is Destined for Failure
24th October 2025
Bloomberg, a Voice of the Crust.
Call it industrial policy, state capitalism, old-fashioned socialism: It’s a bad idea. Across several recent administrations, the US government’s role in the economy has grown increasingly intrusive. The current White House has taken things to an extreme. It’s a tried-and-failed experiment that should be scrapped before it does any more harm.
Blame Democrats. I do.
Trump’s doing the best that he can.