Should-Read: Brink Lindsey and Steve Teles: Economic Inequality & Crony Capitalism: Conservatives Should Rethink Their Views
Should-Read: Brink and Steve are making a good try, but there is a conservative argument that even past generations’ ill-gotten property is deserving of respect that they do not get into…
Brink Lindsey and Steve Teles: Economic Inequality & Crony Capitalism: Conservatives Should Rethink Their Views: “Conservatives have two intellectual commitments that are increasingly incompatible…
…They believe that the American economy is clogged up with crony-capitalist corruption that hands out special favors and protections to organized interests. They also hold that economic inequality—in particular, the surging share of total income earned by those at the very top—is morally justified by the rights of property and the tendency of free markets to raise living standards overall…