"In the Obama era, big business seems to prefer sure profits guaranteed by government to the risks of competition." http://m.weeklystandard.com/articles/crony-capital_794962.html …
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@ryangrim@conncarroll you might try reading the article first, plenty of blame to go around.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@ryangrim I actually agree with you. It definitely predates Obama. But he has embraced it and deepened it. -
@conncarroll Capitalism has never existed on its own, has always been dependent on the state and therefore cronies. How's it worse today? -
@ryangrim we produced food for centuries before ag subsidies. We built houses for decades before Fannie and mortgage deduction. -
@conncarroll which centuries? Feudalism? Slavery? Name a single century capitalism produced food without government support -
@ryangrim is it your understanding that slavery and feudalism are capitalist systems? -
@conncarroll not feudalism, but yes the US was capitalist in the 1800s and had slavery. So name one century the free market alone made food -
@ryangrim I would argue slavery was crony capitalist and the market was MUCH freezer without it. -
@conncarroll right! So when is your mythical period of a free market creating food on its own? Ag subsidies came shortly after slavery ended - 11 more replies
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