Democrats: Don’t Let Trump Define What State Capitalism Can Be

Todd Tucker • September 7, 2025

The last few weeks have given us headlines many Americans never imagined they’d see. “Trump Embraces State Capitalism.” “Trump Is Making Socialism Great Again.” “Is MAGA going Marxist and Maoist?” For their part, various progressives are getting in on the act…

While often told as a story of rising income inequality, it also has implications for nation-states. After all, in a world where it is logistically feasible for a handful of C-suites to locate goods … [+1527 chars]

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Democrats: Don’t Let Trump Define What State Capitalism Can Be

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