Categorized | Banksters, News

Crony capitalism and the expansive central state

Charles Hugh Smith details how crony capitalism benefits from our ever expanding central state. I recommend you read the whole article.

There is a great irony in this concentration of power in the State: the power is concentrated to protect the citizenry from predation and exploitation, but that concentration becomes an irresistible attractor for all those seeking to increase their private gain via monopoly, cartels, collusion, fraud and other forms of predation.

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