In the video below David Stockman shares an insightful interview about how the United States is far from a free market economy. Instead, he posits, "Crony Capitalism" is supported by both parties as our current economic system--leading to a lack of accountability, the prevalence of the too-big-to-fail mentality, and a system that favors big business over free market competition. Informed on the issue or not, this is a good video that will leave you better off for taking the time to watch it.
David Stockman on Crony Capitalism from BillMoyers.com on Vimeo.
Hat Tip: TN Libertarian Republicans
No doubt crony capitalism is supported by both parties.
ReplyDeleteCare to exchange links with my Libertarian blog? www.thepoliticalmovement.com. Thanks.
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