The free market just flatlined—and Donald Trump pulled the plug. While pretending to be the defender of capitalism, Trump has become its greatest enemy. His new 10% stake in Intel, combined with a push for Soviet-style business control, exposes the breathtaking hypocrisy of MAGA’s so-called “free enterprise” movement. Just like his idol Vladimir Putin—who used the exact same strategy to crush rivals and consolidate power—Trump is turning America into his own oligarch’s playground. In this episode, Rick Wilson digs into Trump’s Silicon Valley power grab, how this MAGA Marxism echoes Putin’s authoritarian economics, and why Republicans are terrified to admit their Dear Leader has turned into a communist in a red hat. If Trump is going to "socialize" private businesses, then why doesn't he focus on getting American equity in healthcare and insurance companies? In Trump's orbit, NOTHING is ever free, and more often than not, cruelty is the point.
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Follow Rick Wilson at @TheRickWilson on X and @therickwilson.bsky.social on Bluesky, and subscribe to his Substack at
therickwilson.substack.com.
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