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Crony Capitalism Exposed
Stockman claims that crony capitalism has transformed Republican treasury secretaries into big-government interventionists and populist Democratic presidents into industry-wrecking internationalists. He questions the assumptions of Keynesians and monetarists alike, arguing that both "liberal" and "neo-conservative" interference in the economy can be damaging and dangerous. Stockman was elected as a Michigan congressman in 1976 and joined the Reagan White House as Director of the Office of Management and Budget in 1981.
Source: Commonwealth Club Radio Program: David Stockman: The Great Deformation (4/11/13)
Next week Vice President Al Gore talks about progress around the world.
Music includes The Evens - On The Face Of It, Tom Paxton - Lyndon Johnson Told The Nation, Malcolm X - FBI and Black Muslims, Roy Zimmerman & Sandy Riccardi - My Conservative Girlfriend, Dead Heart Bloom - Letter To The World, FDR - Pearl Harbor, David Rovics - Song For Rachel Corrie, Frank Zappa - Who Are The Brain Police, Young Nash - War Song, Capitol Steps - Electile Dysfunction, Bob Marley & The Wailers - War No more trouble, James Taylor - America the Beautiful, Vera Lynn - We'll Meet Again
Commonwealth Club Radio Program: David Stockman: The Great Deformation (4/11/13)