“Cronyism,” a new rallying cry in all political quarters, is now being offered as a reason not only to restrict free speech but to impose “income equality” on the grounds that the rich obtain their wealth only through “gaming” the system. Is there any truth to the claims that our government is corrupt and cronyism rampant? The answer is yes, but not in the way that proponents of more government power claim. This talk by Steve Simpson explores the true nature of government corruption and cronyism, how it manifests itself in various ways, its consequences, and what to do about it.
Recorded November 19, 2014.
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Headquartered in Irvine, California, ARI offers educational experiences, based on Ayn Rand's books and ideas, to a variety of audiences, including students, educators, policymakers and lifelong learners. ARI also engages in research and advocacy efforts, applying Rand's ideas to current issues and seeking to promote her philosophical principles of reason, rational self-interest and laissez-faire capitalism.
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