Is MAGA going Marxist and Maoist? Trump’s assault on free-market capitalism

As many CEOs understandably grew horrified last month at the prospect that New York City, the capital of capitalism, is on the brink of going socialist with the mayoral momentum of the inexperienced candidate Zohran Mamdani, they were ignoring the greater assault on free market capitalism that has already overtaken the nation in the Republican Party. While we agree that Mamdani’s solutions to affordable housing and grocery prices threaten to undermine free markets by bowing to the appeal of populist anger...