Results: State Capitalism / Creeping Socialism part two
The Cato Institute, a conservative think tank, characterized President Trump’s economic environment as state capitalism and a steppingstone toward what they refer to as “creeping socialism.” Cato’s Aug. 28, 2025 report notes, “Trump’s state capitalism – a hybrid between socialism and capitalism – won’t make America great again.” "Trump’s State Capitalism Marks a Radical Break in U.S. Policy" in The Fulcrum is the source for this two-part survey series.
1.
1.
Upon taking office on Jan. 20, 2025, the Trump 2.0 administration shifted America from temporary emergency industry bailouts to a proactive form of state intervention and "creeping socialism." Using taxpayer funds, the administration has expanded its portfolio to include stakes in 28 companies. Do you approve of President Trump's economic approach?
Yes
10%
•
164 votes
No
48%
•
774 votes
Undecided
13%
•
208 votes
Not Applicable
28%
•
454 votes
2.
2.
The public and private companies the US government has an ownership stake in are listed in the survey's source article. There are two uniquely structured companies with U.S. ownership: 1) a direct equity stake of up to 20% to help Westinghouse Electric Company build a multi-billion-dollar network of domestic nuclear reactors, and 2) a "Golden Share" of U.S. Steel Corporation (X), giving the executive branch direct corporate governance rights and a seat on the corporate board. Do you approve of these last two actions just noted in this question?
Yes
9%
•
139 votes
No
39%
•
626 votes
Undecided
19%
•
297 votes
Not Applicable
34%
•
538 votes
3.
3.
No one can deny that the Trump 2.0 administration has made a direct pivot toward a state-directed economic environment. Secondly, many countries have struggled and been harmed by state capitalism because it often leads to corruption, inefficiency, and poorly managed resources. Well-known examples include Algeria, Brazil, China, India, the Soviet Union (Russia), and Venezuela—nations the U.S. should avoid emulating. Do you think President Trump understands that he is embracing state capitalism and creeping socialism?
Yes
15%
•
246 votes
No
34%
•
546 votes
Undecided
16%
•
251 votes
Not Applicable
35%
•
557 votes
4.
4.
The conservative Cato Institute's observation that President Trump has created state capitalism and a steppingstone toward socialism is alarming. America's economic stance from 1776 until 2025 was quite rewarding; we're now in dangerous territory. Congress's passive stance during Trump's economic upheaval brings to mind Plato's famous adage: "silence gives consent." Do you think that a return to rigorous, bipartisan congressional oversight of President Trump is long overdue.
Yes
45%
•
715 votes
No
10%
•
162 votes
Undecided
11%
•
179 votes
Not Applicable
34%
•
544 votes
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