Source: Ludwig von Mises Institute
by Whitson G Waldo, III
“A core principle of Marxism — the socialist system upon which is founded the more authoritarian political systems of communism and progressive fascism — is government ownership of the means of production. This economic policy, aimed as a dagger at capitalism, happens to be the avant garde economic policy position taken a couple of times now by the Trump administration. It is the same position advocated in the larger context by the self-described communist candidate, Zohran Mamdani, who is running for mayor of New York City. The Trump administration recently took a stake in MP Materials Corp in an effort to onshore rare earth mineral mining and refinement.” (09/10/25)
https://mises.org/mises-wire/government-ownership-means-production