I had an argument with someone of the Left last night. We both agreed that crony government protections and favors of businesses were one of the worst problems in the country. But we couldn't agree on solutions. It was a chicken and egg thing. She thought corporations were at fault for seeking them. I argued that the problem was given the government the power in the first place to grant such requests. She thought the only way to fight it was by empowering government to put more restrictions on business. My argument was that increasing the power of government to intervene in the economy only increased the problem. No resolution. I run into this all the time and need to think my way through a better way of expressing my concerns.
Anyway, I am reminded of all this because Stossel has a nice piece on the parasite economy and cronyism.
Postscript: I can say from this discussion that OFA and Media Matters and Common Cause and the like have really done their job on the Kochs because this particular person was absolutely convinced the #1 best thing we could do to improve the future of America was to shut the Kochs up and prevent them from spending any more money on politics and speech. My son says that is nearly impossible to argue any issue at all on campus without someone laying into the Kochs at some point in the conversation. I find this whole tendency to conduct politics by vilifying individuals rather than discussing issues -- individuals with absolutely no political position -- totally depressing. But it must work, because the Republicans did it too, in fact really pioneered this when they went after George Soros and made him the the secret villain behind everything Conservatives hated. People like Rush Limbaugh may get on the Left nowadays for vilifying the Kochs but go listen to his radio shows from 5 or 10 years ago -- he couldn't go three sentences without saying "Soros".