The Phaserl


Crony Capitalism

by Pater Tenebrarum,

A Growing Sense of Awareness – Public Opinion is Catching On

A friend pointed us to two recent Rasmussen Reports polls. These are actually quite interesting: in one poll it was found that “70% Think Government, Big Business Often Work Together Against Consumers, Investors”, with only 13% of respondents voicing disagreement and 17% ‘not sure’. In another poll that was worded slightly differently (although it actually asks a very similar question), it was found that “34% Say U.S. Has Crony Capitalist Economic System”, with only a slim majority of 36% still calling it a “system of free market capitalism”.

The first poll employed slightly more general terms and was therefore probably more accessible to a larger percentage of respondents, which may explain the lower share of ‘don’t knows’. To some extent negative knee-jerk reactions to the term ‘corporation’ are probably conditioned by leftist views, but no supporter of free market capitalism would deny that the current system is a far cry from a true free market economy.

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