(Mar 6): While the rest of the world has been focused on the Democratic primaries in which Vermont’s left-wing senator Bernie Sanders and former Vice President Joe Biden are duelling it out for the right to take on President Donald Trump in November, policy experts have been scratching their heads over something they believe threatens to turn the world’s largest free market economy into a decidedly more socialist one. No, I am not talking about Russian leader Vladimir Putin’s attempt to use social media giant Facebook’s data to boost the Trump campaign or influence White House policy. I am referring to the Trump administration’s attempt to abandon the free market system that it has long espoused and embrace Chinese-style policies such as “state capitalism” to build “national champions” in technology.

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $99.9/year*

The latest reporting and analysis from business and investments to news and views on social issues.


  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia
  • *For annual subscription plan only. T&Cs apply