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DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
The U.S. is moving towards a form of state capitalism akin to China's, with decisions once made in boardrooms now influenced by Washington. This shift is evident in cases like TikTok and U.S. Steel. Both major political parties are seen as contributing to this trend, which is driven by national interests and political priorities.
"China’s state capitalism has so effectively tilted the international playing field in its own favor that it has forced others, including the US, to adopt their own versions. Trump and Biden are both happy to use all the levers of the government" https://t.co/qFo3XsdBkK
America Is Sliding Toward Chinese-Style Capitalism, writes @greg_ip https://t.co/roFiDZnALl
“US model is based on imperialism abroad and a parasitic form of capitalism at home. If their ego prevents them from learning the China model, Americans should go back to their roots and study the writings of founders like Alexander Hamilton” My op-ed https://t.co/aqHTp0dzqn