Your complaint of “crony capitalism” is very noble but unrealistic. If you were to eliminate all business benefits from politically motivated tax breaks, etc., you would not be able to save more than $500B per year, to be extremely, extremely generous of the savings in taxpayer money. This equates to about $1500 per year per capita. This is far from enough to pay for a $30K per year college tuition plus other freebees for all Americans demanded by the OWS. This is the same reason that taxing the rich at 100% will never even get close enough to make a significant increase in wealth redistribution. Furthermore, in every society of any type, there will always be cronyism, whether Communist, Socialist or Capitalist. Even today, in a so-called “capitalist” USA, we have both crony capitalism and crony socialism. There are certain organizations, businesses or groups of people that get favorable treatment, because our government is politically-based, on democracy, direct election of representatives. And our representatives always need money donations, from whoever. Examples of crony capitalism are General Electric, Amtrac, the oil companies, Agriculture, etc. Examples of crony socialism are public and private unions, organizations such as ACORN, homeowners with write-off mortgages, environmentalists, African-Americans and their affirmative action programs, etc. Ideally, we should eliminate all cronyism.
- Home
- Columnists
- J. Christian Adams
Rule of Law - Ed Driscoll
EdDriscoll.com - Richard Fernandez
Belmont Club - Stephen Green
Vodkapundit - Victor Davis Hanson
Works and Days - Roger Kimball
Roger’s Rules - Andrew Klavan
Klavan on Culture - Michael Ledeen
Faster, Please! - Andrew McCarthy
Ordered Liberty - Ron Radosh
Ron Radosh - Claudia Rosett
The Rosett Report - Barry Rubin
Rubin Reports - Roger L. Simon
Roger L. Simon - Dr. Helen Smith
Dr. Helen - Spengler
David P. Goldman - Zombie
Zombie - Belladonna Rogers
Belladonna Rogers - Janine Turner
Janine Turner
- J. Christian Adams
- PJ Tatler
- PJ Lifestyle
- Instapundit
- PJTV
- PJ Institute
jarmo
2011-11-06 08:36:00
MOST POPULAR
- Lessons from Europe's Winners and Losers
by David P. Goldman - Thoughts on the Rhine
by Victor Davis Hanson - Brett Kimberlin and the Future of Blogbursts
by Kathy Shaidle - 5 Great Pieces Of R-Rated Life Advice from the Movies
by John Hawkins - Changing Minds in Crunch Time
by Roger L Simon - The Bernie Madoff of Information
by Andrew Klavan - Brett Kimberlin Hearing Devolves Into Farce
by J. Christian Adams - 10 Reasons You Should Skip the Traditional Publishers and Self-Publish Ebooks Instead
by Robert Bidinotto - Climate Change: Why Do the Facts Fail to Convince?
by Tom Harris - This Ain't No Polish Joke
by Stephen Green
THE EDITORS @ PJM
- J. Christian AdamsLegal Editor
- Ed DriscollSan Jose
- Stephen GreenDenver
- Aaron HanscomLos Angeles
- Bridget JohnsonWashington D.C.
- Rick MoranChicago
- Bryan PrestonAustin
- Glenn Harlan ReynoldsTennessee
- Barry RubinMiddle East
- Roger L SimonHollywood
- David SteinbergNew York
- Dave SwindleLos Angeles
Home | About Us | Media | Advertising | Tips For PJM | Archive | Privacy Policy | Terms of Use | Contact Us
Copyright © 2005-2012 PJ Media All Rights Reserved. v1.27.2




