Carly Fiorina makes a telling point about government–business alliances. As Carly Fiorina gets a second look following her strong performance in last week’s debate, observers are noticing the emergence of an interesting theme in her campaign: opposition to the crony capitalism that infests so much of our economy today. “What we have now is less and less free market,” Carly points out, “and more and more crony capitalism.” It is a distinction that her opponents would do well to note.  A lot of people use “crony capitalism” to mean any business practice of which they disapprove. But the term actually has a more precise definition. Crony capitalism is an insidious system in which businesses’ success is based on a close relationship with government, and specifically with the people in power who dispense favors, subsidies, bailouts, and other forms of special treatment.

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Read the article “ANALYSIS: Fiorina Takes Aim at Crony Capitalism” on nationalreview.com.