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Category Archives: Crony Capitalism

Ebola and CDC: Distrust of White House (and government generally) grows

Government isn’t all bad. A very small and generally limited one can make some sense. I will even go so far as to say that a very modest taxpayer supported safety net for the truly indigent is OK if for whatever reason a private net does not exist. (I think that it would generally however in a very small government world, but that is for another post.) But government is at best, at best, a necessary evil. It is never something to be celebrated, but we unfortunately have celebrated government for far too long in this country.

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Ebola Comes to America: Krugman & Stiglitz Must Be Delighted

Paul Krugman is famous for having said essentially that one of the ways the US could pull itself out of the current recession/depression is by mobilizing for an alien invasion. A War of the Worlds would do the trick. Everyone could build space ships and laser guns and whatever to fight the otherworldly menace. Stimulus. Full employment!

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Socialists (uni-corporatists) run Venezuela into the ground

Socialism is inherently a crony capitalist system. Basically a true socialist state is a uni-corporate entity. It is a monopoly (more or less) of goods and services (and most importantly force) where the cronies control the means of production. The Soviet Union for instance was basically one giant, very poorly run corporation which killed (often literally) any competitors which challenged it.

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