#commandcapitalism — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #commandcapitalism, aggregated by home.social.
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#TimWu: "…more important than #thedeal itself is the approach. It hints at a new era in economic policy for the United States that is centered on a paramount leader (Mr. #Trump) actively picking winners and losers. To be sure, the federal government, usually by way of Congress, has previously practiced #industrialpolicy. But the #centralization of policy in the president would be something different: more like a command economy, which in the United States might be called #commandcapitalism."
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#TimWu: "…more important than #thedeal itself is the approach. It hints at a new era in economic policy for the United States that is centered on a paramount leader (Mr. #Trump) actively picking winners and losers. To be sure, the federal government, usually by way of Congress, has previously practiced #industrialpolicy. But the #centralization of policy in the president would be something different: more like a command economy, which in the United States might be called #commandcapitalism."