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Reason
Reason
Veronique de Rugy

The GOP's 'Capitalism' is Central Planning with MAGA Branding

Republican Party Donald Trump Mike Johnson Intel Corporation Socialism United States MP US Steel White House

When House Speaker Mike Johnson (R–La.) lashed out at last weekend's "No Kings" rallies soon to arrive on Washington's National Mall, he reached for an old conservative refrain: "They hate capitalism. They hate our free enterprise system."

I am sure he's correct about some of the protesters. But the message rings hollow coming from a party leader that stands by as President Donald Trump does precisely what Johnson rightly decries: substituting political control for market choice and ruling by executive order.

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