President Donald Trump’s increasing control over businesses and the economy is being described by some commentators as “state capitalism”—a mix between socialism and capitalism. But the term “state ...
Last month, the Trump administration and Nvidia worked out what some have called an unusual and surprising deal for the latter to export its defeatured AI chips. That is, President Trump reversed a ...
Sven Beckert, a Harvard professor, has written a very long history of capitalism. As its subtitle suggests, ‘Capitalism: A ...
The question of whether President Donald Trump has turned the United States toward a new “state capitalism” — one in which the government is not just economic referee but active player — has been ...
Call it industrial policy, state capitalism, old-fashioned socialism: It’s a bad idea. Across several recent administrations, the U.S. government’s role in the economy has grown increasingly intrusive ...
“Prediction is hard, especially about the future,” the saying goes. Certainly, looking ahead 50 years from 1975, economic prophets would have been hard-pressed to foresee the waves of deregulation, ...