In George Orwell’s Animal Farm (1945), the animals initially embrace the slogan “four legs good, two legs bad.” But, when the pigs take over and re-establish relations with humans, they modify the slogan to “four legs good, two legs better.” Something similar is happening in the US. A decade ago, conservatives bleated in unison “markets good, state bad.” Now they bleat “markets good, the state better.” Under President Donald Trump, America is embracing a new form of state capitalism, with huge c
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Trump’s America Is Slouching Toward State Capitalism
