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August 12, 2025
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Is MAGA going Marxist and Maoist? Trump’s assault on free-market capitalism

Source: fortune.com fortune.com
Key Topics in this News Article:
Acquisition ADL Amazon America Antisemitism Antitrust Apple army Automobile Aviation Beijing ByteDance Capitalism Censorship Charlottesville China China Mobile China Telecom Chinese Comedy Communism Corporate Social Responsibility diplomacy Disney Donald Trump Mamdani
News Snapshot:
As many CEOs understandably grew horrified last month at the prospect that New York City, the capital of capitalism, is on the brink of going socialist with the mayoral momentum of the inexperienced candidate Zohran Mamdani, they were ignoring the greater assault on free market capitalism that has already overtaken the nation in the Republican Party. While we agree that Mamdani’s solutions to affordable housing and grocery prices threaten to undermine free markets by bowing to the appeal of populist anger, President Donald Trump has already begun doing so, but to suit his own grandiose political agenda instead. Unlike any...
Note: Please don’t mind the mess. Some source code may appear in the Snapshot above as we train our A.I.
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