America must not embrace state capitalism. Block Trump’s chip scheme.
The Trump administration secured a deal requiring Nvidia and AMD to share 15% of their chip sales revenue to China with the U.S. government, raising legal and market concerns.
2 Articles
2 Articles
Is Trump’s economic agenda still capitalism—or something else entirely?
We hear it said often—especially here in Alabama—that President Donald Trump is saving the country. That he’s standing up for working Americans and restoring our national greatness. It’s a powerful story. And for many, it’s built on the enduring promise of capitalism: that the open market, not the government, should shape prosperity. But here’s the question we can no longer avoid—is that still the system we’re living under? Since returning to of…
America must not embrace state capitalism. Block Trump’s chip scheme.
If the United States is to keep up with China in artificial intelligence and other emerging technologies, we must allow the private sector to lead the way with minimal government meddling. Unfortunately, under President Trump, who’s supposed to be a free-market guy, we are lurching into China’s model of heavy direction by the government, called state capitalism. Examples of this sort of intervention by the government include the extensive use o…
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