this is not China
this is the United States in …
2025
Adapted from the article Has the US turned its back on free-market capitalism? by Callum Jones deputy business editor for Guardian US, where Mr. Jones writes:
While Chairman Mao Zedong, founder of the People’s Republic of China, had been fundamentally opposed to free markets and capitalism, Reagan argued that societies which enjoyed “the most spectacular progress” were the ones where people had been “permitted to think for themselves, make economic decisions, and benefit from their own risks”.
What would Reagan make of a country that, in a matter of weeks, became the largest shareholder in a microchip manufacturer; demanded a cut of firms’ overseas sales in exchange for export licenses; and fired a statistics official after government data embarrassed its ruling party?
In just the past week, senior government officials in the country have pushed to exert control over its central bank; ordered a tech giant to strike a deal with a supportive media conglomerate; and successfully urged a restaurant chain to reverse a rebrand.
This is not China. It is the United States, under a Republican president, in 2025.
Don’t forget that this government also released local militia onto city streets to ‘Preserve Order’.
This is not China.
It is the United States.
Under a Republican president.
In 2025.
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