Elizabeth Warren Wants to Make Cronyism Great Again

Reblogging for future reference (not necessarily out of agreement):

International Liberty

Donald Trump wants to make protectionism great again. Bernie Sanders wants to make socialism great again.

And if we continue with sarcastic headlines, Elizabeth Warren wants to make cronyism great again.

She has a plan, which she explained in a column for the Wall Street Journal and also in this press release on her Senate website, that would give politicians and bureaucrats sweeping powers over large companies.

There’s a technical term for this system of private ownership/government control. It’s called fascism, though I prefer referring to it as corporatism or dirigisme to distinguish what Warren is doing from the racist and militaristic version of that ideology.

Or we can just call it crazy. Kevin Williamson summarizes this dangerous proposal for National Review.

Senator Elizabeth Warren of Massachusetts has one-upped socialists Bernie Sanders and Alexandria Ocasio-Cortez: She proposes to nationalize every major business in the United States…

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About jamesbradfordpate

My name is James Pate. This blog is about my journey. I read books. I watch movies and TV shows. I go to church. I try to find meaning. And, when I can’t do that, I just talk about stuff that I find interesting. I have degrees in fields of religious studies. I have an M.Phil. in the History of Biblical Interpretation from Hebrew Union College in Cincinnati, Ohio. I also have an M.A. in Hebrew Bible from Jewish Theological Seminary, an M.Div. from Harvard Divinity School, and a B.A. from DePauw University.
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