[VIDEO] Jay Cost: What is Crony Capitalism?
Posted: February 23, 2016 Filed under: Economics, Mediasphere, Politics, Think Tank | Tags: Appointments Clause, Bailout, Bernie Sanders, Crony capitalism, Democratic Party (United States), Export-Import Bank of the United States, Hell, Hillary Clinton, Republican Party (United States), The Weekly Standard Leave a comment
This election season there’s a lot of talk about corruption, about politicians being “bought and sold”, and about “crony capitalism”. What do those terms mean? Why should we care? Is there a way to reduce corruption and restore our trust in government? Author Jay Cost, staff writer at The Weekly Standard, answers these questions and proposes a solution that every society could benefit from.