DRAIN THE SEWER OF PHONY CRONY CAPITALISM
Calling someone a capitalist is a pejorative term in many media and left-leaning political circles. Malcolm Forbes saw it as a market opportunity — when a number of competing business magazines seemed to almost be embarrassed in having to defend capitalism — so Forbes magazine proudly refers to itself as a “capitalist tool.”
The opponents of capitalism have succeeded in clouding the minds of many, by failing to distinguish between real capitalism and crony capitalism.
Real capitalism exists with private ownership, rule of law, free markets, free trade, and limited government intervention in people’s economic lives.
Crony capitalism exists when politicians and government bureaucrats collude with business people to restrict competition and obtain monopoly advantages. When President Trump and others talk about the “swamp” of Washington, much of what they are referring to is crony capitalism.
Yesterday (7/24), the President realized the swamp is a sewer:















