Saturday, August 16, 2025

The Visible Hand of Crony Capitalism

Investors grapple with Trump’s corporate America by Katie Martin
https://www.ft.com/content/cac34e31-b4b9-4a72-ac06-3d72687bee3f
It is no longer left to the invisible hand of capitalism to figure out who are the winners. 

The U.S. Marches Toward State Capitalism with American Characteristics
https://www.wsj.com/economy/the-u-s-marches-toward-state-capitalism-with-american-characteristics-f75cafa8
President Trump is imitating Chinese Communist Party by extending political control ever deeper into economy.

Trump’s strongman capitalism risks killing American enterprise
https://www.telegraph.co.uk/business/2025/08/17/trumps-strongman-capitalism-will-kill-american-enterprise/
The US president’s interference in business runs against his country’s great traditions.