“You are right one one thing - socialism probably isn’t the right word here - Corporate fascism is a better description.”
Relieve your ignorance here:
https://en.wikipedia.org/wiki/American_System_(economic_plan)
You might note that it was Democrats who opposed it. There have obviously been changes over the years. Mostly that the system of incentives has proven to be sufficiently effective by itself such that tariffs turned out not to be necessary.
Far from being “corporate fascism”, established corporations actually hate the idea, as it increases competition and innovation.
You think I care what you think or believe at this point or that a wiki link will? LOL.