Crony Capitalism in America: 2008-2012
The tentacles of this crony capitalist system--the merger of corporate and state power (which is how Mussolini defined fascism)--are everywhere.... It is disturbing enough when such massive corruption exists in the world of politics and finance. But when it comes to control over what food we eat and the medicine we give our children, the  cronyism is downright terrifying.Crony Capitalism is a companion volume to Hunter Lewis' other outstanding work, published at the same time, Free Prices Now! --Jeremy Hammond, Barrons, 11/2/13". . . What we have today is not the free market but 'crony capitalism,' an altogether different matter. Government and business are in a predatory partnership that extracts wealth to its own benefit. The fact that many suffer under the present system should occasion no surprise. Predatory 'cronyism' has existed throughout history and has been the main block to economic progress. . . . Lewis explains and documents [this] to the hilt. . . . Those inclined to dismiss Lewis's claim as exaggerated must confront the solid body of evidence he amasses." --David Gordon (Mises.org 9/24/13) "Hunter Lewis, co-founder of the investment firm Cambridge Associates, begins Crony Capitalism in America: 2008-2012 with cautionary tales of how crony capitalism has decimated economic growth in such countries as Argentina, Zimbabwe, and Russia. He is concerned that the United States is following the same path, with dire consequences in the offing."--Murad J. Antia, CFA (CFA Institute)"I recommendFree Prices Now!andCrony Capitalism in America 2008 - 2012or anything by Hunter Lewis. Everything I have read of his is awesome."--Host Kevin Price, The Price of Business 9/10/13