Crony Capitalism in America: 2008-2012
We like to feel informed and indignant about the current state of American politics. Crony Capitalism in America, by Hunter Lewis, scratches that itch. Lewis comes from the perspective that special interests have become so embedded with politics that the prices we pay at the register are not true prices. The government offers subsidies to special interests to get something in return, usually political donations. Special interests even donate to hostile politicians to discourage them from turning rhetoric into action. This book will enlighten voters about the insidious creep of crony medicine, crony finance, crony auto industries, crony agriculture, crony Big Pharma, crony labor, and crony lawyers, to name a few. Political leaders also promote laws that give legal protection to special interests. Why does this happen? Lewis believes one major cause is the revolving door between Washington, government enforcement agencies, and big companies. An executive working at a drug company will quit and go to work for the government agency that oversees the drug company. After a while, the executive leaves the enforcement agency and returns to the drug company. Nobody seems concerned with conflicts of interest. Crony capitalism takes from all of us and gives to a special few. Happy reading!