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Crony Capitalism is Killing the American Dream

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Crony Capitalism Intellectual TakeoutHating corporations is one of things liberals love to do. The best example is Walmart, but it can be any company that doesn’t submit to liberal demands.

Chick-Fil-A CEO Dan Cathy learned you’re not even allowed to have an opinion without widespread outrage. If a company does something you don’t like it’s easy to do something about it: don’t purchase any of their goods or services. That seems reasonable, right? Sadly, for many Americans that isn’t enough. Using the power of the state, lawmakers have created a never-ending stream of regulations on food, labor, and even light bulbs.

With lawmakers’ growing affinity for nanny-state policies the real losers are small businesses. When the state mandates that all restaurant menus are required to show nutritional information, who is hurt the most? Applebee’s or the local restaurant that struggles to make a profit? This happens again and again. Lawmakers pass a law that all organic food has to be certified to be advertised as organic. This helps big companies and hurts small, local farms.

As I mentioned a few weeks ago Walmart isn’t opposed to an increase in the federal minimum wage. It’s a great policy for Walmart because it helps eliminate competition. There’s a lot of discussion in this country about the free market, socialism, and capitalism. It’s a great debate, but it’s obvious the United States isn’t a free market. It’s not a pure capitalistic nation, and while we’re on the path toward to socialism, we’re not quite there yet.

What we have now is a a crony capitalism system. You can see it everywhere from patents to our judicial system. The United States system protects the rich and the powerful. Can you believe it? I sound like a full-fledged liberal, but the problem with liberals is they advocate and support policies that protect and advance the crony capitalism system.

The bigger the state gets the more difficult it becomes to operate a business. Taxes are complicated. There are more and more regulations. Lawyer fees go up. These are real problems. When I was growing up my family owned their own business. They still do today and the price of doing business has gone up and the laws have become even more complicated.

When the President and Congress were jamming ObamaCare through Congress the legislation was supported by insurance companies. Liberals have been complaining about evil insurance companies for decades. Didn’t it seem a little strange that they were in favor of the law? Well, at the very least insurance companies were in love with the theory of the law. What exists today is a badly patched-together elementary science project.

Christianity in the United States has been declining for decades. The number of people who do not believe in God is at all-time highs. While faith in God may be decreasing it appears that many Americans have adopted an illogical faith in the state. While you can’t prove that God exists you can prove than many popular government policies hurt small businesses and help major corporations. This is not good for society in the long run, but it’s not clear whether people even care. After all, words and feelings are more important than actions and outcomes.


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