What emerges looks much closer to corporatism: an economy where the government becomes a direct player in business decisions rather than a neutral referee.
And that is a big problem. When federal bureaucrats have a direct leadership role in the corporate governance of a private company, they will steer that company toward political decisions rather than business decisions. Will it award contracts based on efficiency and cost, or based on which choice preserves government revenue?
https://reason.com/2025/11/07/is-trump-a-socialist/
Trump is out here implementing a more corrupt style of Chinese economy
And that is a big problem. When federal bureaucrats have a direct leadership role in the corporate governance of a private company, they will steer that company toward political decisions rather than business decisions. Will it award contracts based on efficiency and cost, or based on which choice preserves government revenue?
https://reason.com/2025/11/07/is-trump-a-socialist/
Trump is out here implementing a more corrupt style of Chinese economy
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