Ralph Nader’s Take on Crony Capitalism

“What worries us: won’t giving more power to government just give more power to the special interests that actually control government?”

(From Common Dreams)

In my presidential campaigns I tried to make corporate socialism—also called corporate welfare or crony capitalism—a major issue. Small business is capitalism—free to go bankrupt—while corporate capitalism—free to get bailouts from Washington —is really a form of corporate socialism.