Source: CounterPunch
by H Sami Karaca
“Is the Trump administration trying to reshape American capitalism? Recent moves by Washington, such as taking a 10% share of semiconductor maker Intel, point to a shift in that direction. For decades, Washington has supported free-market capitalism. Today, the government appears to be supporting a new direction – state-directed capitalism. As a professor at the Questrom School of Business who studies different economic systems, I find this reversal striking.” [editor’s note: Even if such a thing as “free-market capitalism” existed — the free market and capitalism are opposites — the notion that DC has ever supported it would be nonsense on stilts – TLK] (09/03/25)
https://www.counterpunch.org/2025/09/03/american-capitalism-is-being-remade-by-state-power/