Quote Originally Posted by Laughing Man View Post
Well yes and no. Yes in the idea that they opposed unregulated capitalism because they see it as "chaotic" and "disorderly." Why have 5 different shoe companies instead of just having one "good" one? It would be a waste of resources to them. Also because of the xenophobia, they dislike trading with other nations (hence the tariffs and subsidies to domestic businesses). That is another reason to dislike capitalism, because it is global and allows for the transportation of goods to another party without third party (the state) interference. So foreign businesses can trade together without the state being involved in the matter. So it's not just the interest of the capitalist but also the consumer because tariffs, subsidies, embargoes are harmful to the consumer.
Nationalistic capitalists can exist, think Reagan. But it only works as long as domestic companies are competing against each other and not international businesses coming in.