The John Batchelor Show
The John Batchelor Show
John Batchelor
S8 Ep1247: Veronique de Rugy critiques the Trump administration's shift toward "socialism on the right," evidenced by the government taking ownership stakes in private companies like Intel. Often justified by national security, these interventions mirror European st
8 minutes Posted Aug 12, 2026 at 1:00 am.
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Veronique de Rugy critiques the Trump administration's shift toward "socialism on the right," evidenced by the government taking ownership stakes in private companies like Intel. Often justified by national security, these interventions mirror European state-owned enterprise models that historically burden taxpayers and distort market competition. De Rugy argues that such moves make private companies hostage to government dictates, such as labor or diversity requirements. By adopting policies championed by far-left senators like Bernie Sanders, the administration risks damaging long-term economic efficiency and creating a "state enterprise" system similar to China's. (6)