Trump is destroying what actually made America great.
Before us is a vivid example of the raiding of intangible assets. These assets form the value foundation of the West and of capitalism. Donald Trump ran his entire presidential campaign under the slogan Make America Great Again (MAGA). But it was capitalism that originally made America great. Here are the five cornerstones of capitalism:
1. Private property – sacred and inviolable.
2. Freedom – both personal and economic.
3. Open competition – where small and large, national and foreign, old and new, whether in material or intangible production, all operate under the same conditions of monetary, fiscal, and regulatory policy.
4. Limited government – officials, law enforcement, and judges should protect the citizen from external and internal enemies, serve as impartial arbiters without conflicts of interest, and do so within a strictly limited budget and procedures. This is the separation of political and economic power so that the State is not the owner, manager, investor, or creditor of resources and assets.
5. Free trade – ensuring the free movement of goods, services, money, and labor under open, universal rules, without discrimination or segregation based on nationality, race, religion, gender, or property status. Clearly, such a regime cannot apply to enemies who openly declare their goals of conquest, enslavement, and destruction (Nazis, fascists, totalitarians, fundamentalists, imperialists).
For more than 150 years, America adhered to these principles, carefully preserving this foundation. That is why it became great. Its greatness lay in human freedom, private enterprise, an unprecedented level of openness, the celebration of achievement, and a legal and institutional environment that made it possible to go from rags to riches—from poverty to prosperity—in a single generation.
Unfortunately, the United States has contracted socialism.
In just 223 days of his second term (as of August 31, 2025), Donald Trump, in economic policy and international relations, has done the following:
1. Declared a tariff war on the entire world, introduced a regime of total uncertainty in international trade, and upended global value chains.
2. Created DOGE, which started with zeal but quickly disappeared from the agenda. The result: a “big, beautiful” law that increases government spending and debt instead of reducing the size and functi0ns of the State.
3. Failed to reduce the overall tax burden on the American economy. The size of government (government spending as a share of GDP) did not decrease.
4. Harshly attacked the Federal Reserve, demanding more cheap money—thus creating conditions for further erosion of the dollar’s purchasing power, triggering currency wars, discrediting monetary policy, and turning it into a powerful tool of state interventionism.
5. Proposed the nationalization of private business—an anti-capitalist plan to transfer large amounts of private assets to the State under the pretext of “fighting socialism.” The State acquiring 10% of Intel shares is likely only the beginning of a broad campaign to expand government control over the economy. Ronald Reagan and Margaret Thatcher, remembered as the leaders who restored dynamism to America, Britain, and capitalism, acted in exactly the opposite way.
6. Demanded that pharmaceutical companies lower drug prices—thus endorsing the corrupt practice of state price regulation.
7. Supported dictator and criminal Vladimir Putin, broke his international isolation, froze the transatlantic partnership, lied and continues to lie about the actual scale of U.S. aid to Ukraine.
8. Lied about the nature of russia’s war in Ukraine, Putin’s motives, and Ukraine’s position—slashed U.S. aid to Ukraine to a bare minimum. He refused to clearly and unequivocally take the side of Good, the West. On the contrary, many of his actions have strengthened the Axis of Evil.
9. Failed to remove administrative barriers to the movement of goods within the U.S.; failed to propose health care reform or expand genuine market mechanisms.
10. Left untouched the mechanisms, tools, and institutions of lobbying, which enable the corrupt bond between business and government. Only the favorites have changed—and with them, their projects. The corrupt state-business syndicalism has not decreased, and government favoritism has become even more subjective, further destroying the unified regulatory and competitive field. The killer of capitalism—corporations deemed “too big/important to fail”—remains.
Thus, the 47th President of the United States, Donald Trump, and his team have revealed themselves in practice as:
• Anti-capitalists
• Anti-Westerners
• Anti-market actors
• Protectionists
• Conservatives of the U.S. model of universal state interventionism
• Ignorant distorters of the theory and practice of capitalism and U.S. history
Donald Trump is not making America great. In his first ~250 days of the second term, he has greatly contributed to its discrediting, to undermining the West and its value foundation, and to the demoralization of the Axis of Good—the countries that together defend the world against Nazism, fascism, totalitarianism, fundamentalism, and other aggressive forces of the Axis of Evil.
This post has been edited by WhitePepper on 6 Sep 2025, 00:26