Category Archives: Cronyism

A Different Kind of Border Wall

To slow mass migration, stop the illicit capital flight from poor to rich countries. We recently received this email message from an asset manager called ____ Capital: The US Investor visa program allows one to invest $500,000 U.S. in a … Continue reading

Posted in Africa, Asia, Corruption, Cronyism, Demography, Economy, Emerging Markets, Europe, Hedge Funds, Immigration, Luxury Goods, Manhattan, Real Estate, Society, US Economy | Leave a comment

Capitalism Did Not Win the Cold War

This article first appeared at Foreign Affairs. Why cronyism was the real victor. When the Soviet Union collapsed 26 years ago, it was generally agreed that the West had won the Cold War. This was affirmed by the prosperity and … Continue reading

Posted in Africa, Brazil, BRIC countries, Communism, Corruption, Cronyism, Economy, Emerging Markets, Foreign Affairs, Hedge Funds, New York, Offshore, Oil, Real Estate, Russia, Society, United States, US Economy | Leave a comment

Father of the Bernie Sanders Presidency

President Trump’s elite-managed populism opens a path for a more genuine version. On the usual political spectrum, there are left and right, people who call themselves progressive or conservative, socialist/social democrat or capitalist. But these labels seem to mean less today than in the … Continue reading

Posted in 2016 Candidates, Cronyism, Demography, Economy, Politics, Society, United States, US Economy | 1 Comment

On White Collar Prosecutions, with Jesse Eisinger

“The government no longer has the will and ability to prosecute top corporate executives across a wide variety of major industries.”______ Jesse Eisinger Jesse Eisinger is a senior reporter at ProPublica and a former reporter at the Wall Street Journal. … Continue reading

Posted in 2016 Candidates, Corruption, Cronyism, Economy, Podcast, Politics, Society, US Economy, Wall Street | Leave a comment

The Bridge from Laissez-Faire to Socialism

Cronyism remains unchecked in the world’s largest economy. We might object to the phrase crony capitalism for two reasons: First, because cronyism is in some ways the antithesis of capitalism. The freedom to compete and the freedom to fail that are central tenets of capitalism … Continue reading

Posted in 2016 Candidates, BRIC countries, Communism, Corruption, Cronyism, Economy, Emerging Markets, Society, United States, Wall Street | Leave a comment