Trump vs. Free Markets

Source: Reason
by JD Tuccille

“Whatever debilitating brain parasite burrowed into the gray matter of American politics over the last decade-plus has resulted in some astonishing transformations. One of the biggest has been the reshaping of the once nominally pro-capitalist Republican party into a populist party hostile to free markets. Under President Donald Trump, the GOP increasingly favors the whims of the president and his cronies over the results of voluntary interactions among millions of buyers, producers, and sellers. Most recently, we see this in the form of Trump’s announced intentions to ban some real estate investors from purchasing single-family homes and his proposed cap on credit card interest rates. … as many points of disagreement spark fiery clashes, economics isn’t really a point of contention between the dominant factions of the two main parties. Trump’s Republicans agree with the ‘opposition’ progressive Democrats that the government should be running the economy.” (01/14/26)

https://reason.com/2026/01/14/trump-vs-free-markets/