Trump’s deal with Intel, which grants the US government a 10% equity share in the company, exemplifies how politicians, including those who initially campaign on change, often end up embracing and perpetuating the same corrupt system of government intervention and cronyism that benefits special interests.
Economic Policy Shift
Trump’s deal with Intel, involving a 10% government equity stake, represents a superficial rebrand of the corrupt status quo he campaigned against, rather than genuine reform.
The increasing government ownership in private companies like Intel exemplifies economic fascism, where the state embeds itself in industries for its own benefit.
Historical Context
The progressive era marked the beginning of heavy government management of the American economy through institutions like the FDA, FTC, and Federal Reserve.
Systemic Issues
The government’s capture of the monetary system through its central banking cartel has acted as a growing parasite on productive sectors of the economy.
Ideological Shift
Trump’s adoption of policies proposed by self-proclaimed socialists, such as building a sovereign wealth fund, indicates a flirtation with socialism rather than a radical change in course.