Aug 6, 2011 • 50M

Obama Nationalizes General Electric

 
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Bob Zadek
Bob talks about the issues that affect our lives on a daily basis from a purely libertarian standpoint. He believes in small government, fewer taxes, and greater personal freedom.<br /><br />America has lost its way, but it cannot and does not need to be reinvented. Our founders were correct about their approach to government, as were John Locke, Adam Smith and the other great political philosophers who influenced them. The country’s first principles are economic and social freedom, republicanism, the rule of law, and liberty. Bob believes we must take the best of our founding principles and work from them because a country without principles is just a landmass.
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Did you see this headline? Probably not, since it was never written. However, it has happened. Not just with GE but with General Motors, Big Oil and many other American business icons. Crony Capitalism has replaced the free market. Business/ government cross breeding has created business mutants which look like business but act like government. In this episode, Bob is joined by University of Chicago economics professor Luigi Zingales. Together they discuss “Saving Capitalism From the Capitalists,” which happens to be the title of Dr. Zingales’ recent book and says it all. Capitalism is being destroyed from within. We’re losing our entrepreneurial spirit. American business is too dependent on government and with governmental support comes governmental control. Is it too late?

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