Tag: Corporatism

Ralph Nader’s Unstoppable »

Ralph Nader’s new book, Unstoppable, describes a convergence of ideas on the political left and political right against the corporate state. The book says there is a broad consensus, from socialists to libertarians, who oppose government policies that provide corporate welfare and bailouts for the economic elite and impose the costs on everyone else....
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“Risky Business” in Climate Change Policy »

Alicia Mundy writes in the Wall Street Journal of June 24, 2014, that a coalition of environmentalists and at least some of the many corporate cronies of the federal government are pressing a proposal to require private business entities to account for and to report to shareholders the risks to which they are exposed...
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Big Pharma, Trial Lawyers, and Harry Reid Kill Patent Reform »

Now that the smoke has cleared after the collapse of efforts to push patent litigation reform legislation through Congress, pundits are busy discussing just what happened. The President and members of both parties agreed that some reform was necessary. Reform legislation seemed to be a sure thing. Sources close to the negotiations on reform indicate...
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India—A New Beginning? »

When Antoine van Agtmael of the International Finance Corporation coined the term “emerging markets” in 1981 and helped launch the first global fund aimed at investing in those countries, he was desperate to change the negative perception about the “Third World.” Little did he know that, a few decades later, the problem would be...
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New Video with Ron Paul: “Defining Liberty: The Future of Freedom” »

How can Americans overcome record government spending and debt, escalating healthcare costs, intrusive federal surveillance, endless wars, ongoing economic malaise, high unemployment, failing schools, and increasing abuses of civil and economic liberties? In this superb, new video from the recent, sold-out event sponsored by The Independent Institute and The Smith Center for Private Enterprise...
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Joseph Stiglitz: The Price of Inequality »

Although Joseph Stiglitz has a reputation as one of the most prominent defenders of big government, I found much to agree with in his book, The Price of Inequality. It does appear to me that throughout the political spectrum, from left to right, there is a substantial consensus that government is the cause of...
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President Obama’s Investment Skills »

After the Obama administration bailed out General Motors by purchasing a 60.8% ownership share in the company for $49.5 billion, President Obama said, “We expect taxpayers will get back all the money my administration has invested in GM.” (I do like the way the president takes responsibility for the investment.) Now, the president’s administration...
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Common Ground »

I often find myself disagreeing with Cynthia Tucker, the Progressive journalist and professor, so I was happy to read a recent column of hers, on the farm bill that just passed the House, and find that she and I share some common ground on our views toward government. She considers the bill an example...
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Stockman: Cronyism Is Destroying American Capitalism and American Democracy »

I’ve recently read David Stockman’s book, The Great Deformation: The Corruption of Capitalism in America. (You can buy it at Amazon, but it’s cheaper at the Mises Institute.) Stockman explains how cronyism has grown throughout the 20th century in America, placing much blame on the Federal Reserve, and describing how businesses have managed to...
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President Obama on Inequality: Rhetoric vs. Reality »

President Obama has recently promoted inequality as a fundamental threat to our way of life, saying, “The combined trends of increased inequality and decreasing mobility pose a fundamental threat to the American Dream, our way of life, and what we stand for around the globe.” You can read the rhetoric here. Let’s look at...
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