CZThe article by Shang-Jin Wei argues that the United States has never truly followed a pure laissez-faire capitalist model, despite common narratives suggesting otherwise. Instead, the U.S. economy has historically operated as a hybrid system where the government plays an active role in directing, subsidizing, and sometimes bailing out private enterprises to serve national priorities. This approach reflects a pragmatic policymaking tradition rather than an ideological commitment to free markets. The piece highlights how American economic success has been shaped by state intervention alongside market mechanisms.
Bias read (Center): The article presents a balanced historical analysis of U.S. economic policy, acknowledging both the influence of free-market ideology and the reality of state involvement. It does not overtly favor one political perspective over another but instead emphasizes the complexity and pragmatism of U.S.经济史
