Tag: Corporatism

President Obama’s Energy Policy: Green Energy, Or Crony Capitalism? »

Today President Obama was advocating the renewal of wind energy tax credits to promote green energy. Meanwhile, last week the Obama administration placed a 31% tariff on the importation of solar panels from China. So, is he for green energy, as the wind energy tax credit would suggest, or against it, as his raising...
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Why Do Politicians Pander? Because It Works. »

How has the vision of our forebears—of men and women, black, white, and every other complexion, standing tall, shoulder to shoulder, in free and full access to equal opportunities and enjoying the blessings of equal rights in the sanctity of our persons and property—devolved to skirmishes among dependent subjects of the state over the...
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Modern Conservatism = Rightwing Progressivism? »

Mary’s post perfectly exposes the key problem with these progressives. No objective moral standards. No basic respect in human dignity. One thing that troubles me about the political climate is just how extensive this moral bankruptcy is. Glenn Beck did a service in demonstrating the collectivist ethical situationalism of progressives to a whole generation...
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Why Did People Wait More than Sixty Years to Get Upset? »

In a post at The Beacon two days ago, I called attention to President Barack Obama’s executive order issued last Friday, March 16, which relates to the fact that, to quote my post’s title, “the specter of centrally planned economic fascism continues to hover over the United States.” In my post, I noted that the...
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Biden Boasts: We Support Crony Capitalism »

Last week I posted a blog about crony capitalism, with the suggestion that crony capitalism is undesirable. The next day Vice President Joe Biden was bragging that he and President Obama support crony capitalism, as if crony capitalism is a good thing. Mr. Biden was criticizing Republican presidential candidates for their opposition to the...
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The Specter of Centrally Planned Economic Fascism Continues to Hover over the United States »

During World War II, the U.S. government created and operated a system of fascist central planning. (I have described this system in my books Crisis and Leviathan and Depression, War, and Cold War.) After the war, much of this system was abandoned, but it was revived in large part during the Korean War, and...
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Crony Capitalism Comes With Big Government »

Economic policy issues often divide on “pro-business” and “pro-government” arguments, with the pro-government side arguing that we need big government to correct the failures of the market, regulate business activity, and stand up to crony capitalism. The problem with this pro-government view is that crony capitalism inevitably comes with big government. In a democracy...
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France Fines Google: Is Atlas Shrugging? »

In Ayn Rand’s novel, Atlas Shrugged, published in 1957, businesses push government to pass law after law that aids weaker businesses by penalizing successful ones. There’s the “Anti-Dog-Eat-Dog Rule” to prevent destructive competition among firms in an industry, and the “Equalization of Opportunity Bill” that limits the number of businesses one person can own....
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We Don’t Need No Stinkin’ Evidence »

I posted earlier about the provisions of the New Years Eve-signed National Defense Authorization Act (NDAA) a/k/a the “Homeland Battlefield Bill,” allowing the President of the U.S., at his or her sole discretion, to order the indefinite detention of any U.S. citizen, with no burden of proof whatsoever, and no recourse for the detainee—in...
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Take or Pay at the EPA »

A story by Matthew Wald in the New York Times on January 9th demonstrates the poverty of governmental attempts to pick “winners” in the realm of green technologies, the wasteful subsidy programs supporting that policy goal and the huge costs for the private sector of being unable to march to Washington’s tune. Among its...
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