The Blackfoot Valley's News Source Since 1980

Guest Opinion: Bills mix Socialism, Crony Capitalism

I didn't study political science in college. I'm a soil scientist. So when people sling political terms around, I have to look them up in Webster's Dictionary.

Webster writes that "socialism is when government takes over the means of production". Webster's says that "crony capitalism" occurs when business thrives not because of risk, but because of a cozy nexus between the business and the po...

 

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