Apparently millions continue to harbor the strange delusion that the Republican party is the party of free enterprise, and, at least since the New Deal, the party of conservatism. In fact, the party is and always has been the party of state capitalism. That, along with the powers and perks it provides its leaders, is the whole reason for its creation and continued existence. By state capitalism I mean a regime of highly concentrated private ownership, subsidized and protected by government. The Republican party has never, ever opposed any government interference in the free market or any government expenditure except those that might favour labour unions or threaten Big Business. Consider that for a long time it was the party of high tariffs — when high tariffs benefited Northern big capital and oppressed the South and most of the population. Now it is the party of so-called “free trade” — because that is the policy that benefits Northern big capital, whatever it might cost the rest of us. In succession, Republicans presented opposite policies idealistically as good for America, while carefully avoiding discussion of exactly who it was good for. There is nothing particularly surprising that there should be a party of state capitalism in the United States. And certainly nothing surprising in the necessity for such a party to present itself as something else. Put in terms the Founding Fathers would have understood, the interests Republicans serve are merely the court party — what Jefferson referred to as the tinsel aristocracy and John Taylor as the paper aristocracy. The American Revolution was a revolt of the country against the court. Jeffersonians understood that every political system divides between the great mass of unorganized folks who mind their own business — that, is, the country party — and the minority who hang around the court to manipulate the government finances and engineer government favours. It is much easier and quicker to get rich by finding a way into the treasury than by risk and hard work. That is mostly what politics is about. Of course, schemes to plunder society through the government must never be seen as such. They must be powdered and perfumed to look like a public good.
— Clyde Wilson, “The Republican Charade: Lincoln and His Party” (14 November 2014)