Cronyism, Corruption and Government Power (MP3 download)
By Steve Simpson
A growing chorus of voices today claim that “cronyism” is rampant in our political system. The claim is used to justify not only restrictions on speech but also efforts to “equalize” incomes on the grounds that the rich allegedly obtain wealth by “gaming” the system. There is some truth to the cronyism claim, but not in the way critics think. This talk exposes the true nature of cronyism, its consequences and its solution.
This talk was recorded at the 2014 Objectivist Summer Conference in Las Vegas, NV.