"The real question is no longer whether the state will act, but whose interests it will serve. Will it merely prop up incumbents and invite capture? Or can public ownership and golden shares be harnessed for resilience and equity? If progressives don't seize this moment to define a democratic, public-minded industrial policy, they will find themselves living in one designed by the Trump administration."
Todd Tucker at The New Republic tells Democrats, "Don't Let Trump Define What State Capitalism Can Be."
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