In an article in The Conversation, H. Sami Karaca, Questrom Clinical Assistant Professor of Markets, Public Policy, and Law, makes a case that capitalism in the United States is being altered by the policies of the federal government.
“Is the Trump administration trying to reshape American capitalism? Recent moves by Washington, such as taking a 10% share of semiconductor maker Intel, point to a shift in that direction. For decades, Washington has supported free-market capitalism. Today, the government appears to be supporting a new direction – state-directed capitalism.”
