Source: The Peaceful Revolutionist
by David S D’Amato
“We cannot reasonably expect the modern state to behave as a neutral arbiter or as inherently interested in the maintenance of a free, fair society or marketplace. Taking the state seriously historically and materially means understanding that it is the central engine of corporate power and the version of growth and progress offered by capitalism. And while some forms of intervention are salient to the political class as corporate welfare, much of the state’s power and influence over the economy are less conspicuous, implicit structural buttresses (for example, the promise of bailouts, regulatory advantages, non-fiscal interventions generally).” (10/21/25)
https://dsdamato.substack.com/p/the-engines-of-state-capitalism-part