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The Visible Hand: Is America Abandoning Free-Market Capitalism?

Many Happy Returns

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Navigating State Intervention and Market Dynamics

This chapter explores the complexities of government intervention in the economy, particularly regarding capital allocation and the potential risks for innovation and corporate governance. It highlights the implications of state backing for companies, the challenges faced in the auto and tech sectors, and the global dynamics of investment, especially between the U.S. and China. The discussion emphasizes the need for strategic consideration of market changes influenced by shifting political and economic policies.

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