Recently, a handful of people—none of whom have ever invited me to their birthday party—accused President Donald Trump of being a socialist. Gavin Newsom, who many pundits credibly believe is the governor of California, said Trump is committing socialism by having the federal government buy stock in private companies.

At the time of writing, the government has taken shares in Intel, MP Materials, Lithium Americas, U.S. Steel, and even a Canadian mining company that mines cobalt or some other stupid mineral I hate. This raises the question:

Is Trump, as Newsom contends, a full-blown socialist? Or is he just an asymptomatic carrier of socialism, like I am with tuberculosis?

Let's nail down what we're talking about.

In socialism, the government owns the means of production. Instead of pri

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