Is Trump a State Capitalist? – Project Syndicate

“With his commitment to tax cuts and deregulation, Donald Trump once looked like a neoliberal’s dream come true. But, from acquiring a 10% stake in Intel to letting Nvidia and AMD sell their chips to China in exchange for a 15% cut, some of the Trump administration’s recent actions have invited comparisons to policies that the left has long advocated – and even to Chinese-style state capitalism.

“In this Big Question, we ask Antara Haldar, Harold James, Mariana Mazzucato, Stephen S. Roach, and Michael R. Strain whether Trumponomics represents a rejection of neoliberalism or its natural progression, and how it might reshape the US economy.”

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Bill Clinton, Globalization, And Channeling Economic Forces – Eugene Steuerle

“The Neglect of the Working Class Has Been Decades in the Making”

“…The government can’t legislate away economies of scale and technological progress, regardless of their distributional impact on different workers. Only a stronger emphasis on inclusive and shared ownership of real, financial, and human capital enables a country to efficiently and equitably harness the full potential of its citizens, along with the opportunities generated by capital formation and the economies of scale that arise from widespread consumption.”

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