{"id":31661,"date":"2015-12-01T23:01:59","date_gmt":"2015-12-01T23:01:59","guid":{"rendered":"http:\/\/discovery.org\/multimedia\/?p=31661"},"modified":"2024-10-15T21:49:50","modified_gmt":"2024-10-15T21:49:50","slug":"the-problem-of-crony-capitalism-today","status":"publish","type":"post","link":"https:\/\/www.discovery.org\/multimedia\/economics\/2015\/12\/the-problem-of-crony-capitalism-today\/","title":{"rendered":"The Problem of Crony Capitalism Today"},"content":{"rendered":"<p>Speaking at a session of the Hillsdale College lecture series <em><a href=\"http:\/\/http:\/\/cca.hillsdale.edu\/index.php?session=7\">Money: History and Controversies<\/a><\/em>, Discovery Institute Senior Fellow dissects &#8220;The Problem of Crony Capitalism Today,&#8221; discussing how the rise of the regulatory state has brought about an increasingly cozy relationship between Washington and big business. <!--more-->Lobbying, Walton points out, has evolved from companies protecting themselves from such things as tax increases and regulations, to using the political process to help them become more profitable&#8211;the central problem being that the size and scope of the federal government is such that it&#8217;s impossible to know where business starts and government ends. Watch Bill Walton&#8217;s talk below, or <a href=\"https:\/\/www.youtube.com\/watch?v=_G3ufj7MJOk\">view it on YouTube<\/a>. <\/p>\n<div class=\"embed-frame\"><iframe loading=\"lazy\" title=\"The Problem of Crony Capitalism Today - William Walton\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/_G3ufj7MJOk?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Speaking at a session of the Hillsdale College lecture series Money: History and Controversies, Discovery Institute Senior Fellow dissects &#8220;The Problem of Crony Capitalism Today,&#8221; discussing how the rise of the regulatory state has brought about an increasingly cozy relationship between Washington and big business.<\/p>\n","protected":false},"author":41,"featured_media":1601,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"video","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[81],"tags":[12831,12821,12811],"coauthors":[14473],"class_list":["post-31661","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-economics","tag-big-business","tag-crony-capitalism","tag-cronyism","post_format-post-format-video"],"acf":[],"author_names":["Tessa Rath"],"_links":{"self":[{"href":"https:\/\/www.discovery.org\/multimedia\/wp-json\/wp\/v2\/posts\/31661","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.discovery.org\/multimedia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.discovery.org\/multimedia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.discovery.org\/multimedia\/wp-json\/wp\/v2\/users\/41"}],"replies":[{"embeddable":true,"href":"https:\/\/www.discovery.org\/multimedia\/wp-json\/wp\/v2\/comments?post=31661"}],"version-history":[{"count":0,"href":"https:\/\/www.discovery.org\/multimedia\/wp-json\/wp\/v2\/posts\/31661\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.discovery.org\/multimedia\/wp-json\/wp\/v2\/media\/1601"}],"wp:attachment":[{"href":"https:\/\/www.discovery.org\/multimedia\/wp-json\/wp\/v2\/media?parent=31661"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.discovery.org\/multimedia\/wp-json\/wp\/v2\/categories?post=31661"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.discovery.org\/multimedia\/wp-json\/wp\/v2\/tags?post=31661"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.discovery.org\/multimedia\/wp-json\/wp\/v2\/coauthors?post=31661"}],"wp:action-assign-author":[{"href":"https:\/\/www.discovery.org\/multimedia\/wp-json\/wp\/v2\/post\/31661"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}