Trump's State Capitalism Represents Radical Shift in U.S. Economic Policy
June 29, 2026·about 3 hours ago·via Iowa State Daily

The Trump administration is charting a fundamentally different course for American economic policy - one that abandons the free-market orthodoxy of previous administrations in favor of what analysts call "state capitalism." This represents a dramatic departure from decades of Republican orthodoxy favoring minimal government intervention in markets. The shift raises critical questions about whether Washington is abandoning principled conservatism for industrial planning and corporate favoritism. Read more about this...