![]() ![]() ![]() It tells us in clear and simple terms what is wrong and what needs to be done about it. If we are going to do anything about our present economic problems, and also give the poor a chance at a better life, we will need to eliminate crony capitalism and restore an honest economy.Īlthough full of hair-raising stories, this book is also about solutions. But the problem extends far beyond Wall Street to every corner of America. Rather the Crash was caused by the longstanding Wall Street–Washington partnership. This situation was not caused, as many suppose, by the Crash of 2008. Free-market capitalism serves the interests of us all. Where Wall Street stops and Washington begins is impossible to say. Crony Capitalism is a companion volume to Hunter Lewis’ other outstanding work, published at the same time, Free Prices Now Together, the two volumes are a major contribution to the effort to correct the popular misperception that the problem plaguing the U.S. In reality it is the epicenter of American crony capitalism. Many people regard Wall Street as the epicenter of American capitalism. But increasingly it is America’s system as well. This is the system that prevailed in Russia after the fall of Communism. ![]() The people involved try to keep most of it concealed behind closed doors. When politicians need money, they also know whom to call. When private interests need a political favor, they know whom to call. ![]()
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