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'We found the communists': WSJ exposes Trump’s 'unprecedented' state capitalism

Trump’s “Help” Is Just Government Capture with a LogoNot Help. Leverage.The reporting here is simple enough to be useful: Trump pushed Apple’s Tim Cook toward a deal with Intel, Intel’s stock jumped, Trump personally bought a “significant share” before the rise, and the administration now holds a large ownership stake while monitoring the company’s technology and offering “strategic guidance.” That is the factual core. Everything else is the smoke machine.What matters is not whether Trump can slap a label like “state capitalism” on it. What matters is that public power is being used to steer…

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