The Inflation Reduction Act in the USA and the equivalent measures which have been taken in China but don’t have a catchy name. Both countries are currently giving subsidies to companies at an unprecedented rate.
There used to be a lot of opposition to these kinds of subsidies in the US until China started absolutely kicking America's ass because they subsidize their industries.
Private enterprise really can't compete with governments, and even less so against governments with their own sovereign currencies and the ability to subsidize forever.
