Trump’s “State Capitalism”

It would be communism under any other dictator

Friends,

If “state capitalism” were proposed by Democrats or progressives, it would be considered socialism or communism. Done by a neofascist president — as chronicled by the The Wall Street Journal — it’s simply considered inefficient (as the Journal concludes).

But Trump’s state capitalism is already large and growing, and it’s profoundly altering wha…