Blogs > Liberty and Power > Political Crony Capitalism in America

Feb 18, 2005

Political Crony Capitalism in America




For all the Randian idealists panting after the"free market" here in America, Jim Snyder's"K Street Phones Wall Street," from The Hill is useful in understanding the reality of life in the American Empire.


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Max Swing - 2/18/2005

It is widely known, that the US has no free market any longer (not even exports are tariff-free), although in comparison with other markets, it is more liberal than many.

Also, the market would work, if the government could restrain itself from part-taking in "market policy". However, this is something completely different.