Monday, March 12, 2012

David Stockman on Crony Capitalism

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 on Vimeo.

Hat Tip: TN Libertarian Republicans

1 comment:

  1. No doubt crony capitalism is supported by both parties.

    Care to exchange links with my Libertarian blog? Thanks.