The Nvidia revenue-sharing arrangement, in particular, sounded alarms
among the U.S. business community -- which tends to skew fiscally
conservative and anti-regulation, and which in general welcomed
Trump's reelection last year. By demanding a cut of a private
company's sales, in exchange for the right to do business, Trump is
defying the traditionally Republican gospel of free-market capitalism.
On Monday, a columnist for The Wall Street Journal warned that Trump
is "imitating [the] Chinese Communist Party" and transforming the U.S.
economy into something resembling China's government-controlled "state capitalism."
It's a mounting worry shared by other business experts. "It is a huge
concern," said Jeffrey Sonnenfeld, a Yale University management
professor who regularly speaks with CEOs.
"This 'Marxist MAGA' movement keeps expanding more and more, taking
control without the resistance of private-sector decision-making," he
added. "So that means we have winners and losers based on cronyism."
https://www.npr.org/2025/08/14/nx-s1-5501591/trump-corporate-america-capitalism
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