Loot-and-Leave Capitalism: The Real Reason U.S. Businesses Are Collapsing

From tariffs to clean energy rollbacks, a blueprint of consolidation is reshaping the economy.

Since January, more than 446 major U.S. companies have filed for bankruptcy, marking the highest seven-month total since 2010. July alone saw 71 filings, the most in a single month since the early days of the pandemic. From Joann Fabrics to Rite Aid, Party City to Bravo Brio, the collapse is not limited to obscure firms or digital startups. These are ho…