How American capitalism lost its way

Suddenly, economic populism is all the rage.

In a recent headline-making monologue on Fox News, conservative talk show host Tucker Carlson argued that American elites are using ruthless market forces to enrich themselves and immiserate everyone else.

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A version of this article appeared in the print edition of The Straits Times on January 14, 2019, with the headline 'How American capitalism lost its way'. Print Edition | Subscribe