Crony Capitalism in America: 2008-2012
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Narrated by:
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Bruce Lorie
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By:
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Hunter Lewis
About this listen
We see it everywhere:
- shady zoning regulations in a small town;
- taxpayer money diverted into political campaigns;
- deals that enrich the few at the expense of the many;
- billion-dollar bailouts;
- trillions of newly-printed dollars flowing from government to Wall Street at giveaway interest rates;
- brand-name economists hired to defend the indefensible with a smokescreen of economic theory
When private interests need a political favor, they know whom to call. When politicians need money, they also know whom to call. The people involved try to keep most of it concealed behind closed doors.
This is the system that prevails in Russia after the fall of Communism. But increasingly it is America's system as well.
Many people regard Wall Street as the epicenter of American capitalism. In reality it is the epicenter of American crony capitalism. Where Wall Street stops and Washington begins is impossible to say. This situation was not caused, as many suppose, by the Crash of 2008. Rather the Crash was caused by the longstanding Wall Street-Washington partnership. But the problem extends far beyond Wall Street to every corner of America.
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.
Although full of hair-raising stories, this book is also about solutions. It tells us in clear and simple terms what is wrong and what needs to be done about it.
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In the words of Harvard economist Niall Ferguson, the United States is “an empire on the edge of chaos.” Why? Glenn Beck thinks the answer is pretty simple: Because we’ve turned our backs on the Constitution. Yes, our country is financially broke, but that’s just a side effect of our broken spirit, our broken faith in government, the broken promises by our leaders, and a broken political system that has centralized power at the expense of individual rights.
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Finally book that has done the reasearch...
- By dah551 on 10-31-10
By: Glenn Beck, and others
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Free to Choose
- A Personal Statement
- By: Milton Friedman, Rose Friedman
- Narrated by: James Adams
- Length: 12 hrs and 15 mins
- Unabridged
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Milton Friedman and his wife, Rose, teamed up to write this most convincing and readable guide, which illustrates the crucial link between Adam Smith's capitalism and the free society. They show how freedom has been eroded and prosperity undermined through the rapid growth of governmental agencies, laws, and regulations.
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Fantastic
- By Erik on 01-21-08
By: Milton Friedman, and others
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Phishing for Phools
- The Economics of Manipulation and Deception
- By: George A. Akerlof, Robert J. Shiller
- Narrated by: Bronson Pinchot
- Length: 7 hrs and 11 mins
- Unabridged
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Ever since Adam Smith, the central teaching of economics has been that free markets provide us with material well-being, as if by an invisible hand. In Phishing for Phools, Nobel Prize-winning economists George Akerlof and Robert Shiller deliver a fundamental challenge to this insight, arguing that markets harm as well as help us. As long as there is profit to be made, sellers will systematically exploit our psychological weaknesses and our ignorance through manipulation and deception.
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Useful for a certain audience, but ...
- By Philo on 02-29-16
By: George A. Akerlof, and others
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No, They Can't
- Why Government Fails - But Individuals Succeed
- By: John Stossel
- Narrated by: John Stossel
- Length: 9 hrs and 14 mins
- Unabridged
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The government is not a neutral arbiter of truth. It never has been. It never will be. Doubt everything. John Stossel does. A self-described skeptic, he has dismantled society's sacred cows with unerring common sense. Now he debunks the most sacred of them all: our intuition and belief that government can solve our problems. In No, They Can't, the New York Times best-selling author and Fox News commentator insists that we discard that idea of the "perfect" government - left or right - and retrain our brain to look only at the facts, to rethink our lives as independent individuals - and fast.
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Great Book, Must Listen
- By dan on 04-27-12
By: John Stossel
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The Great American Stick Up
- Greedy Bankers and the Politicians Who Love Them
- By: Robert Scheer
- Narrated by: Christian Rummel
- Length: 6 hrs and 12 mins
- Unabridged
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Instead of going where other journalists have gone in search of this story - the board rooms and trading floors of the big Wall Street firms - Scheer goes back to Washington, D.C., a veritable crime scene, beginning in the 1980s, where the captains of the finance industry, their lobbyists and allies among leading politicians destroyed an American regulatory system that had been functioning effectively since the era of the New Deal.
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A great telling of an unfortunate part of history
- By Trace on 10-27-20
By: Robert Scheer
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Deadly Spin
- An Insurance Company Insider Speaks Out on How Corporate PR Is Killing Health Care and Deceiving Americans
- By: Wendell Potter
- Narrated by: Patrick Lawlor
- Length: 9 hrs and 17 mins
- Unabridged
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In June 2009, Wendell Potter made national headlines with his scorching testimony before the Senate panel on health care reform. This former senior vice president of CIGNA explained how health insurers make promises they have no intention of keeping, how they flout regulations designed to protect consumers, and how they skew political debate with multibillion-dollar public relations campaigns designed to spread disinformation.
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Must Read
- By Randy on 01-11-11
By: Wendell Potter
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Arguing with Idiots
- How to Stop Small Minds and Big Government
- By: Glenn Beck
- Narrated by: Glenn Beck, Pat Gray, Steve "Stu" Burguiere
- Length: 9 hrs and 1 min
- Unabridged
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Idiots can't be identified through voting records, they can be found only by looking for people who hide behind stereotypes, embrace partisanship, and believe that bumper-sticker slogans are a substitute for common sense. If you know someone who fits the bill, then Arguing with Idiots will help you silence them once and for all with the ultimate weapon: the truth.
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Great Book
- By Stacy on 09-22-09
By: Glenn Beck
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Shaky Ground
- The Strange Saga of the US Mortgage Giants
- By: Bethany McLean
- Narrated by: Gabra Zackman
- Length: 3 hrs and 33 mins
- Unabridged
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In 2008 the US Treasury put Fannie Mae and Freddie Mac into a life-support state known as "conservatorship" to prevent their failure - and worldwide economic chaos. The two companies, which were always controversial, have become a battleground. Today, Fannie and Freddie are profitable again but still in conservatorship. Their profits are being redirected toward reducing the federal deficit, which leaves them with no buffer should they suffer losses again.
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Details on the Culture and History of the GSEs
- By Jose on 10-15-15
By: Bethany McLean
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How Are You Going to Pay for That?
- Smart Answers to the Dumbest Question in Politics
- By: Ryan Cooper
- Narrated by: Ryan Cooper
- Length: 8 hrs and 22 mins
- Unabridged
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How Are You Going to Pay for That? is filled with engaging discussions and detailed strategies that policymakers and citizens alike can use to assail even the most entrenched lines of neoliberal logic and start to undo these long-held misconceptions. Equal parts economic theory, history, and political polemic, this is an essential roadmap for winning the key battles to come.
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Not horrible but not correct either
- By David on 03-20-23
By: Ryan Cooper
What listeners say about Crony Capitalism in America: 2008-2012
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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- No to Statism
- 10-07-18
Thorough Overview of Statist Cronyism!
In this thorough going book, Hunter Lewis does not "let up" on crony capitalists. It is well written, and borders on exhaustive. I am very grateful that he took the time to present this material!
The reading of the text by Bruce Lorie, was truly superbly done!
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