Posts tagged crony capitalism
Posts tagged crony capitalism
In 1984, Coca-Cola switched from using cane sugar to corn syrup. Why?
(Source: learnliberty.org)
How do free markets protect workers from exploitation? Professor Matt Zwolinski explains in our LATEST video.
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(Source: learnliberty.org)
Crony Chronicles has released a new video: Who pays the bill when cronies go out to lunch?
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(Source: cronychronicles.org)
Even if capitalism is exploitative, what is the alternative? Professor Zwolinski explains the difference between the free market and government coercion in our NEW video.
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(Source: learnliberty.org)
Using government to make a market “fairer” is like using fuel to put out a fire. Prof. Brennan explains how cronyism is hurting the economy in our NEW video.
(Source: learnliberty.org)
Capitalism or crony capitalism - what’s the difference?
“Crony capitalism means that your success as an entrepreneur depends less on how well you meet your costumer’s needs and more on how well you curry favor from the government. And its a problem because it means that valuable resources including the best and brightest minds are diverted from productive uses towards unproductive — seeking government favors.”
— Susan Dudley, Director of Regulatory Studies Center

Is it the government’s job to redistribute wealth? Check out our video on the inefficiency of government spending: http://www.learnliberty.org/videos/story-broke-response
“When a business uses government subsidies and eminent domain to run its business, that’s not capitalism. That’s not the free market. That’s stealing.”
Art Carden
(Source: LearnLiberty.Org)

Crony capitalism explained.