Crony Capitalism in America by Hunter Lewis

It tells us in clear and simple terms what is wrong and what needs to be done about it. If we are going to do anything about our present economic problems, and also give the poor a chance at a better life, we will need to eliminate crony capitalism.Īlthough full of hair-raising stories, this book is also about solutions. But the problem extends far beyond Wall Street to every corner of America. Overall 40 of crony-capitalist wealth derives from autocratic countries and amounts to 9 of their gdp. Rather the Crash was caused by the longstanding Wall Street–Washington partnership. Some 65 of the increase has come from America, China, India and Russia. This situation was not caused, as many suppose, by the Crash of 2008. Crony Capitalism in America: 2008-2012 by Hunter Lewis ( 34 ) 8.99 Other Formats: Audible Audiobook, Hardcover Buy now with 1-Click ® Sold by: Services LLC Economics in Three Lessons and One Hundred Economics Laws: Two Works in One Volume by Hunter Lewis ( 34 ) 7. Skip to main content Save 15 through Sunday. We have new and used copies available, in 1 editions - starting at 2.09. Where Wall Street stops and Washington begins is impossible to say. Buy Crony Capitalism in America: 2008-2012 by Hunter Lewis online at Alibris. In reality it is the epicenter of American crony capitalism. Many people regard Wall Street as the epicenter of American capitalism. But increasingly it is America's system as well. This is the system that prevails in Russia after the fall of Communism. The people involved try to keep most of it concealed behind closed doors. When politicians need money, they also know whom to call. When private interests need a political favor, they know whom to call. brand-name economists hired to defend the indefensible with a smokescreen of economic theory. 'Hunter Lewis, co-founder ofthe investment firm Cambridge Associates, begins with cautionary tales of how crony capitalism hasdecimated economic growth in such countries as Argentina, Zimbabwe, and Russia.He is concerned that the United States is following the same path, with direconsequences in the offing.trillions of newly printed dollars flowing from government to Wall Street at giveaway interest rates.deals that enrich the few at the expense of the many.taxpayer money diverted into political campaigns.shady zoning regulations in a small town.

Crony Capitalism in America by Hunter Lewis