Beware the power of the one-party state governments
, criticised by Communist militants for tolerating a minuscule role for the private sector in Bolshevik Russia, insisted that it was a reasonable trade-off because the state would still control “the commanding heights” of the economy. For much of the rest of the 20th century that phrase came to stand for state meddling—not a complete clampdown on private markets, but preference for a dominant economic role played by the mandarins of the public sector.
Yet the election results are not an unalloyed win for America Inc. Although political paralysis in Washington may constrain the more progressive wing of the Democratic Party and the globophobe populists among the Republicans, there is little that centrists can do in the short run to stem the regulatory tide. Moreover, results in state races portray a country split into conflicting ideological camps.
Matters are blurrier when it comes to the regulatory state. Even if the right wins control of both chambers, Mr Biden would veto any attempts to arrest his sharp shift to the left on matters like competition policy; the Federal Trade Commission is gearing up for some high-profile cases, including an antitrust trial against Meta, Facebook’s corporate parent, expected to begin in December 2023.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
The Unbelievable True Story Behind Netflix’s Orgasm Inc: The Story Of OneTasteOrgasm Inc: The Story Of OneTaste follows a sexual wellness company who ‘promised spiritual enlightenment and community through 15-minute female orgasms'
Consulte Mais informação »
Energy firms remotely swap homes to prepay metersKelly, from South London, told the BBC she suddenly found she 'only had £3' on her electric until payday after her meter was switched remotely.
Consulte Mais informação »
As America votes, there are more eyes on its ballot boxes than ever beforePoll watchers have an essential role to play in elections in America. But their stepped-up presence is an unsettling reminder of the potential for trouble
Consulte Mais informação »
Peter Andre ‘desperate’ to return home as ‘Millie and Theo have never even been’EXCLUSIVE: Our columnist Peter Andre has opened up on feeling 'desperate' to return to Australia to see his parents as his children Millie and Theo have never been
Consulte Mais informação »