Posts tagged with: Nepotism

Blog author: jcarter
posted by on Wednesday, March 26, 2014

Many who reject capitalism in favor of some “third way” do so because they often mistake it for government-corporate cronyism, says Jonathan Witt in this week’s Acton Commentary. But in countries that have begun extending true economic freedom to the masses, capitalist activity has already lifted hundreds of millions of people out of extreme poverty.

Happily, a new piece in The Economist magazine offers some helpful medicine for the confusion, insisting on the distinction between cronyism and capitalism while also pointing to some hopeful signs that a rising middle class around the globe is gaining the clout to fight the power structures that still wall millions out of the wealth creation game. My reservation about the article is that it misreads America’s Progressive era, and in the process, leaves cronyism’s favorite trick unexposed.

According to the piece, crony capitalism in America “reached its apogee in the late 19th century, and a long and partially successful struggle against robber barons ensued. Antitrust rules broke monopolies such as John D. Rockefeller’s Standard Oil. The flow of bribes to senators shrank.” Later, it tells readers that while developing countries are making progress against cronyism, “governments need to be more assiduous in regulating monopolies.”

The full text of his essay can be found here. Subscribe to the free, weekly Acton News & Commentary and other publications here.

Blog author: sstanley
posted by on Monday, February 18, 2013

http://cronychronicles.org/wp-content/uploads/2012/12/Kit.pngCrony Chronicles, an online resource about crony capitalism, wants to help college students and/or campus groups interested in exposing and eradicating corporate welfare.  They are offering free kits for anyone interested.

These kits will contain:

  1. 100 informational flyers on corporate welfare to give to students after they sign a postcard
  2. 100 post cards addressed to a senator telling them you want to end corporate welfare, and so should they
  3. Stamps
  4. 100 hilarious bumper stickers
  5. 100 candy coins to give out

And great resources to help you make the most out of your event!

The event must be held between March 5-7, to ensure that the postcards from all the campus groups participating will be delivered to the senator around the same time to have the most impact.

So, what are you waiting for? Just fill out this short form to request a FREE kit today. The deadline to apply for a kit is February 20th!

For more information about these kits, check out their page here.