The Ultimate Trifecta of Crony Capitalism | The American Conservative

Philosopher George Santayana warned decades ago that those who cannot remember the past are condemned to repeat it, and that certainly rings true with that scourge of free enterprise called corporate welfare or crony capitalism—cozy relationships between government and business designed to thwart competition and ease the way toward success for a favored few. Americans have had a long history of cronyism going back at least to the Boston Tea Party.

Source: The Ultimate Trifecta of Crony Capitalism | The American Conservative

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