{"id":3276,"date":"2026-07-14T05:35:41","date_gmt":"2026-07-14T05:35:41","guid":{"rendered":"https:\/\/nextaddressamerica.com\/?p=3276"},"modified":"2026-07-14T05:35:41","modified_gmt":"2026-07-14T05:35:41","slug":"we-found-the-communists-wsj-exposes-trumps-unprecedented-state-capitalism","status":"publish","type":"post","link":"https:\/\/nextaddressamerica.com\/?p=3276","title":{"rendered":"‘We found the communists’: WSJ exposes Trump\u2019s ‘unprecedented’ state capitalism"},"content":{"rendered":"
\n

According to the Wall Street Journal<\/u>, President Donald Trump has sought to fuse government with business and create a \u201cstate capitalism\u201d that is \u201cunprecedented\u201d in recent history. Many commenters have suggested<\/u>, however, that \u201cthis is not state capitalism\u201d but \u201canother ism MAGA is always yelling about.\u201d<\/p>\n

Read more GOP senators demand transparency as McConnell\u2019s proof of life pic fails to persuade critics<\/a><\/p>\n

As the Journal explains, Trump played an instrumental role in Apple CEO Tim Cook\u2019s decision to go into business with the microchip producer Intel, which was struggling after sitting out the early AI boom. Trump pushed Cook to hire Intel to manufacture some of Apple\u2019s new device chips, and Intel has since shown a dramatic turnaround \u2014 a financial windfall that has benefited Trump personally, as he bought a \u201csignificant share<\/u>\u201d of Intel stock before its value shot up<\/u> after the deal with Apple was announced last month.<\/p>\n

What\u2019s more, writes the Journal, \u201cthe Trump administration, now Intel\u2019s largest shareholder, has also taken a hands-on approach to the company, keeping close tabs on the development of new manufacturing technologies and offering strategic guidance. This type of state capitalism is unprecedented in recent tech history.\u201d<\/p>\n

While Trump described his administration\u2019s involvement with Intel and other companies merely as \u201chelp,\u201d other commenters see something else in the situation. <\/p>\n

\u201cI think we found the communists,\u201d posted HuffPost White House correspondent S.V. Date<\/u>. \u201cSomething something communism,\u201d posted Lincoln Project co-founder Rick Wilson<\/u>. \u201cSeems kind of socialist,\u201d noted journalist Brahm Resnik<\/u>. \u201cState ownership,\u201d came another response<\/u>. \u201cAnd he calls Mamdani a commie.\u201d<\/p>\n

Read more Right-wing radio host says Trump just gave an \u2018in-kind contribution\u2019 to his Dem foe<\/a><\/p>\n

Trump has long used the specter of communism as a talking point at his rallies, but has railed against it with greater frequency<\/u> lately as he has flailed for a scapegoat to distract from his historically low approval rating and talk of a blue wave in the coming midterms. On Monday, for example, he shared a video calling for the deportation<\/u> of New York City Mayor Zohran Mamdani and other \u201chardcore communist b\u2014\u2014.\u201d<\/p>\n

But as many have noted, there is no shortage of hypocrisy in Trump\u2019s attacks. A year ago, the CATO Institute<\/u> wrote that Trump\u2019s policies mirror the \u201cpopulist authoritarian movement\u201d spoken of by libertarian thinker Roy A Childs Jr. when in 1982 he warned that the New American Right was working to build a country that would be \u201chostile to free markets and committed to some form of managed economy. Forty-three years later, Donald Trump is president, and the Wall Street Journal\u2019s chief economics commentator describes his policies as \u2018state capitalism<\/u>,\u2019 a \u2018hybrid between socialism and capitalism in which the state guides the decisions of nominally private enterprises.\u2019\u201d The Journal takes things even further, arguing that Trump is \u201cimitating the Chinese Communist Party by extending political control ever deeper into the economy.\u201d <\/p>\n

Another example came last week, when Trump announced the launch of his \u201cFreedom Fuel Network,\u201d which imposed price controls on a series of Philadelphia gas stations, prompting a slew of comparisons to the \u201cism\u201d so vocally reviled by Trump. As one commenter<\/u> said of the news, \u201cI thought we were fighting against communism?\u201d<\/p>\n

Read more MAGA will \u2018move on\u2019 quickly from GOP senator\u2019s death \u2014 even as conspiracy theories run amok<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

According to the Wall Street Journal, President Donald Trump has sought to fuse government with business and create a \u201cstate capitalism\u201d that is \u201cunprecedented\u201d in recent history. Many commenters have suggested, however, that \u201cthis is not state capitalism\u201d but \u201canother ism MAGA is always yelling abo…<\/p>\n","protected":false},"author":1,"featured_media":3275,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-3276","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"\n'We found the communists': WSJ exposes Trump\u2019s 'unprecedented' state capitalism - 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=3276\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"'We found the communists': WSJ exposes Trump\u2019s 'unprecedented' state capitalism - Next Address America\" \/>\n<meta property=\"og:description\" content=\"According to the Wall Street Journal, President Donald Trump has sought to fuse government with business and create a \u201cstate capitalism\u201d that is \u201cunprecedented\u201d in recent history. 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