Crony Capitalism or Corporatism by any other name…

Via Bill Moyers


Moyers & Company
explores the tight connection between Wall Street
and the White House with David Stockman, former budget director
for President Reagan.

Stockman speaks candidly with Moyers about how money dominates
politics, distorting free markets and endangering democracy.
“As a result,” Stockman says, “we have neither capitalism nor democracy.
We have crony capitalism.” Or Corporatism.

 

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2 responses to “Crony Capitalism or Corporatism by any other name…

  1. Pingback: Distorted Perceptions (of Fact) | DataAnalytics.Insights

  2. Pingback: Collusion between Government and Corporate Banks | DataAnalytics.Insights

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