Us to Split Profits with Tokyo From Japan-Funded Projects Till $550b Is Recouped
Posted4 months agoActive4 months ago
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Us-Japan RelationsState CapitalismTrade Policies
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Us-Japan Relations
State Capitalism
Trade Policies
The US plans to partner with Japan on investment projects, sharing profits until $550B is recouped, sparking discussion on the implications of state capitalism and laissez-faire economics.
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Sep 12, 2025 at 10:55 AM EDT
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An interesting twist on the theme of state capitalism. A planning committee will direct the funds of a 3rd party state, in exchange for "less bad" tariff rates.
Aside of a few recalcitrants, neither party is willing to defend laissez-faire in any form. Whether this latest effort at central planning succeeds or fails, the opposition will describe it as a failure of "capitalism". It isn't exactly clear what that term means anymore, beyond a vague image of monocled men chomping at cigars while wearing excessively tall stovepipe hats.