EP. 012 - Is Trump’s Intel Move Socialism—or Strategy?

Is Donald Trump turning his back on free market conservatism—or is he adapting to a new geopolitical reality?

In this episode of Modern Age, Dan McCarthy explores the political and economic debate surrounding Trump’s recent Intel deal, industrial policy, and the idea of a U.S. sovereign wealth fund. Critics call it socialism. Supporters call it realism. Dan unpacks the deeper ideological tension between economic nationalism and libertarian orthodoxy.

He also considers how America can compete with China’s economic influence—and whether traditional conservative views on markets still hold up in a world of strategic state capitalism.

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