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The Predatory Woke-Crony Economy

Law & Liberty
December 29, 2024
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In Law & Liberty, Bruce Gilley uses the bankruptcy of Spirit Airlines as a case study for the devastation when Marxist ideology, union greed, government bullying, bureaucracy, uncontrolled litigation and crony capitalism coalesce into what Gilley terms the “predatory” economy. The wresting of rights from shareholders, entrepreneurs, owners and managers, Gilley argues, has effectively nationalized the U.S. economy.

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While looking down on Americans never seems to get old, Ben Shapiro in Jewish World Review demolishes that mindset with a survey of stunning successes that only America could have delivered. In a matter of days, “Americans have watched astronauts push farther into space than any human beings in history, while U.S. forces execute military operations so precise and technologically overwhelming that they look like something written for a Hollywood script.” The crazy part is that such feats are so routine “we barely stop to appreciate it.”

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Javier Milei Makes Fools of the “Experts”

As it began looking like Javier Milei might actually be elected President of Argentina, more than 100 leading international economists warned that this “far-right” political “wrecking ball” would “cause ‘devastation,’ spike inflation, expand poverty, and unemployment.” But as David Harsanyi relates in the Washington Examiner, Milei has tamed inflation, balanced the budget, shrunk the bureaucracy, deregulated the economy, driven down poverty and repaid billions in U.S. loans. And now, Harsanyi notes, Argentina is starting to boom.

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