Is America still capitalist?
Aug 19, 2025•26 min
Listen to this episode in Metacast mobile app
Don't just listen to podcasts. Learn from them with transcripts, summaries, and chapters for every episode. Skim, search, and bookmark insights. Learn more
Episode description
President Trump is threatening CEOs, nationalizing the steel industry, and demanding a cut of Nvidia's profits. There's a term for all that — and it's not "free-market."
This episode was produced by Miles Bryan, edited by Jolie Myers, fact-checked by Laura Bullard, engineered by Andrea Kristinsdottir and Patrick Boyd, and hosted by Noel King.
Listen to Today, Explained ad-free by becoming a Vox Member: vox.com/members. Transcript at vox.com/today-explained-podcast.
President Trump addressing steelworkers at the US Steel Corporation Irvin Works facility in West Mifflin, PA. Photo by Rebecca Droke/Bloomberg via Getty Images.
Learn more about your ad choices. Visit podcastchoices.com/adchoices
For the best experience, listen in Metacast app for iOS or Android