Karl Marx's Communist Manifesto demands a state monopoly on money and credit. Since all modern economies use central banks to control the money supply, they are built on a Marxist principle. With money being half of every transaction, these economies are at best 50% capitalist and 50% Marxist.

The U.S. is shifting from industry supporter to active owner by taking direct equity stakes in firms like Intel and U.S. Steel. This move blurs the lines between free markets and state control, risking a system where political connections, not performance, determine success.

The U.S. political landscape is increasingly adopting authoritarian rhetoric and tendencies. However, this shift comes without any of the supposed upsides of authoritarianism, such as hyper-efficient infrastructure or public order. The result is a dysfunctional "authoritarianism without the good stuff."

When the executive branch directly influences the regulatory outcome of a corporate deal, it constitutes state control over the means of production. This undermines the rule of law and free market principles, ironically fitting the definition of socialism regardless of the political party in power.

Political ideologies like socialism consistently fail because they are not stress-tested against human nature. People inherently resist ceding their individual will and autonomy, even to a system promising a perfect outcome, leading to coercion.

Socialism's top-down control ignores market incentives, leading to predictable failure (e.g., rent control causing building decay). When people protest these failures, proponents who believe they "know better" must resort to coercion and violence to silence dissent and maintain power, rather than admit their model is flawed.

Command economies inevitably rely on force. In a free society, disagreement is resolved through persuasion. In an authoritarian system where directives are absolute, dissent is ultimately met with force. Adopting a top-down economic model means accepting state-sanctioned violence as a necessary tool.

Don't expect corporate America to be a bulwark for democracy. The vast and growing wealth gap creates an overwhelming incentive for CEOs to align with authoritarians who offer a direct path to personal enrichment through cronyism, overriding any commitment to democratic principles.

The system often blamed as capitalism is distorted. True capitalism requires the risk of failure as a clearing mechanism. Today's system is closer to cronyism, where government interventions like bailouts and regulatory capture protect established players from failure.