Wednesday, August 12, 2015
8/12/15 Crony Capitalism Crony Government
There was a certain amount of teeth gnashing over the layoffs at Kraft Heinz. 2500 employees. But that is nothing compared to the pricing power the combined organization has gotten from their merger.
No Department of Justice anti-trust concerns. The Obama Administration seems to like big companies. Big companies are amenable to big government. They are big government.
If you are a liberal you should say crony capitalism. If you are not a liberal you should say crony government.
Share to Twitter
Share to Facebook
Share to Pinterest
Post a Comment
Post Comments (Atom)