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National Post
21 Jul 2024

In a country often called the home of “cowboy capitalism” (if only it were so!) it’s jarring to see the rapidly changing political landscape in the United States and realize there is no longer a major free-market political party competing for votes. The Democratic party has been shifting towards an open embrace of socialism, but even the historically market-oriented (or maybe more accurately pro-business) GOP has become a populist party with a soft spot for protectionism and the welfare state. Cowboys practising capitalism in the U.S. have few friends in government.