The Wall Street Journal Marches Toward Pravda With American Characteristics

Daring Fireball
By John GruberAug 14, 2025, 8:41 pm592 ptsTop
Greg Ip, chief economics commentator for The Wall Street Journal, under the euphemistic headline “The U.S. Marches Toward State Capitalism With American Characteristics”: A generation ago conventional wisdom held that as China liberalized, its economy would come to resemble America’s. Instead, capitalism in…

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