{"id":3689,"date":"2011-01-24T00:28:08","date_gmt":"2011-01-24T00:28:08","guid":{"rendered":"http:\/\/zenpundit.com\/?p=3689"},"modified":"2011-01-24T00:28:10","modified_gmt":"2011-01-24T00:28:10","slug":"perhaps-we-can-call-it-the-crony-capitalist-council","status":"publish","type":"post","link":"https:\/\/zenpundit.com\/?p=3689","title":{"rendered":"Perhaps We Can Call it &#8220;The Crony Capitalist Council&#8221;"},"content":{"rendered":"<p>I was going to post on this subject but <strong>Dave<\/strong> beat me to it:<\/p>\n<p><a target=\"_blank\" href=\"http:\/\/theglitteringeye.com\/?p=12832\"><strong>Theodore Vail&#8217;s America<\/strong><\/a><\/p>\n<blockquote><p><strong>&#8230;.Among the greatest barriers to innovation are the industrial giants like GE which have shed jobs at an alarming rate over the last 30 years while wielding intellectual property laws and political clout to crush upstart competitors which are hiring. One way of spurring innovation would be to get dinosaurs like GE, grown huge through rent-seeking, the hell out of the way. I doubt we&#8217;ll see suggestions in that vein from Jeffrey Immelt.<\/strong><\/p><\/blockquote>\n<p>The only jobs Immelt will create in America\u00a0are for K Street lobbyists to secure yet\u00a0more\u00a0government contracts for GE. Expect a blizzard of proposed agency regs and executive orders this year\u00a0as the Oligarchy tries to lock in as much of a permanent rentier economy as they can before the next election cycle.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I was going to post on this subject but Dave beat me to it: Theodore Vail&#8217;s America &#8230;.Among the greatest barriers to innovation are the industrial giants like GE which have shed jobs at an alarming rate over the last 30 years while wielding intellectual property laws and political clout to crush upstart competitors which [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[361,590,277,185,132,332,84,99,425,465,183,588,187,251,381,10],"tags":[],"class_list":["post-3689","post","type-post","status-publish","format-standard","hentry","category-america","category-capitalism","category-corporations","category-democratic-party","category-dystopia","category-economics","category-fisking","category-glittering-eye","category-government","category-legitimacy","category-obama","category-oligarchy","category-politics","category-republican-party","category-society","category-state-failure"],"_links":{"self":[{"href":"https:\/\/zenpundit.com\/index.php?rest_route=\/wp\/v2\/posts\/3689","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/zenpundit.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/zenpundit.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/zenpundit.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/zenpundit.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3689"}],"version-history":[{"count":0,"href":"https:\/\/zenpundit.com\/index.php?rest_route=\/wp\/v2\/posts\/3689\/revisions"}],"wp:attachment":[{"href":"https:\/\/zenpundit.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3689"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/zenpundit.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3689"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/zenpundit.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3689"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}