{"id":3209,"date":"2026-07-12T18:08:17","date_gmt":"2026-07-12T18:08:17","guid":{"rendered":"https:\/\/nextaddressamerica.com\/?p=3209"},"modified":"2026-07-12T18:08:17","modified_gmt":"2026-07-12T18:08:17","slug":"trumps-more-communist-than-he-wants-to-admit-bezos-paper","status":"publish","type":"post","link":"https:\/\/nextaddressamerica.com\/?p=3209","title":{"rendered":"Trump’s more ‘communist’ than he wants to admit: Bezos’ paper"},"content":{"rendered":"
\n

President Donald Trump has recently taken to accusing his foes of being communists, so much so that social activist Ralph Nader described the Republican leader as “Senator Joe McCarthy on steroids, who in the 1950s smeared political opponents, activists, and others, falsely accusing them of being communists.\u201d<\/p>\n

Read more Republicans plead for more money as race in 3-time Trump state looks unwinnable<\/a><\/p>\n

Yet according to The Washington Post, a newspaper owned by Trump ally Jeff Bezos, the president himself is acting quite a bit like a communist \u2014 at least when it comes to the government taking charge of private businesses.<\/p>\n

\u201cPresident Donald Trump is warning of a \u2018resurgence of the communist menace\u2019 as the Democratic Party shifts to the left, invoking historical memories of terror, collectivization and poverty in a bid to regain voter support ahead of the November congressional elections,\u201d wrote The Washington Post\u2019s David J. Lynch on Sunday. From there, Lynch went into detail through the right-winger\u2019s presidency to point out a contradiction in his argument.<\/p>\n

\u201cTrump\u2019s aversion to the heavy hand of the state has not kept him from wielding it himself,\u201d the reporter explained. \u201cThe president has had the federal government take partial ownership of nearly two dozen companies since he returned to the White House, including chipmaker Intel and MP Materials, a leading producer of rare earth minerals.\u201d<\/p>\n

He added, \u201cOutside of war or financial crisis, Washington has never been so eager to buy stakes in private companies. Critics warn that state capitalism is a recipe for cronyism, waste and inefficiency. But some businesses are volunteering to partner with the government. OpenAI, which is eyeing an initial stock offering later this year, this month offered to give Washington a 5 percent stake when it lists.\u201d <\/p>\n

Lynch also quoted Scott Lincicome, vice president of general economics at the libertarian think tank the Cato Institute, a libertarian think tank.<\/p>\n

Read more Conservative legal expert touts new path to fight back against Trump\u2019s unchecked power<\/a><\/p>\n

\u201cFar from being a bulwark against creeping American communism, Trump is laying the groundwork for more of this in the future,\u201d Lincicome told Lynch. \u201cThe president himself has said that he thinks it\u2019s very American to take these government equity stakes based on what the country needs. It\u2019s almost comical how much that sounds like \u2018seizing the means of production\u2019 [or] \u2018to each according to his needs.\u2019\u201d<\/p>\n

As one example of Trump\u2019s socializing private businesses, Lincicome wrote that the president \u201cobtained a 10 percent share of chipmaker Intel after the president publicly criticized Lip-Bu Tan, the company\u2019s CEO, and suggested he be fired. Tan emerged from a private White House meeting a few days later having agreed to surrender a minority stake to the government as the president crowed on social media: \u2018I PAID ZERO FOR INTEL.\u2019\u201d<\/p>\n

He added, \u201cTo critics, it looked as if the president had made the company an offer it couldn\u2019t refuse. In March, Richard D. Paisner, an Intel shareholder, sued the company, its board of directors and Commerce Secretary Howard Lutnick, alleging that the company had given the government \u2018$11 billion worth of Intel stock for no meaningful consideration in response to extortionary threats by the government.\u2019\u201d<\/p>\n

Speaking with AlterNet earlier this month, Ed Gresser, the Vice President and Director for Trade and Global Markets at the liberal-leaning think tank Progressive Policy Institute, also argued that there is an irony in Trump denouncing communists while meddling so much in private businesses.<\/p>\n

\u201cI don’t think of it as communism, although the Trump administration is actually a very big-government presidency \u2014 taking stakes in big companies and trying to manage them in a fairly inappropriate way,\u201d Gresser told AlterNet. \u201cSo it’s a bit odd to see them drumming up fears of socialism, since that’s very much in the background of a lot of what they’ve done.”<\/p>\n

Read more Top Trump MAGA ally pushes \u2018massive coverup\u2019 McConnell theory<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

President Donald Trump has recently taken to accusing his foes of being communists, so much so that social activist Ralph Nader described the Republican leader as “Senator Joe McCarthy on steroids, who in the 1950s smeared political opponents, activists, and others, falsely accusing them of being co…<\/p>\n","protected":false},"author":1,"featured_media":3208,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-3209","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"\nTrump's more 'communist' than he wants to admit: Bezos' paper - Next Address America<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nextaddressamerica.com\/?p=3209\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trump's more 'communist' than he wants to admit: Bezos' paper - 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