{"id":29001,"date":"2011-10-28T01:31:56","date_gmt":"2011-10-28T01:31:56","guid":{"rendered":"http:\/\/127.0.0.1\/site\/2017\/2\/1985\/nicholas_kristof-crony_capitalism_comes_home\/"},"modified":"2011-10-28T01:31:56","modified_gmt":"2011-10-28T01:31:56","slug":"nicholas_kristof-crony_capitalism_comes_home","status":"publish","type":"post","link":"https:\/\/kendallharmon.net\/?p=29001","title":{"rendered":"Nicholas Kristof&#8211;Crony Capitalism Comes Home"},"content":{"rendered":"<p>I\u2019m as passionate a believer in capitalism as anyone. My Krzysztofowicz cousins (who didn\u2019t shorten the family name) lived in Poland, and their experience with Communism taught me that the way to raise living standards is capitalism.<\/p>\n<p>But, in recent years, some financiers have chosen to live in a government-backed featherbed. Their platform seems to be socialism for tycoons and capitalism for the rest of us. They\u2019re not evil at all. But when the system allows you more than your fair share, it\u2019s human to grab. That\u2019s what explains featherbedding by both unions and tycoons, and both are impediments to a well-functioning market economy.<\/p>\n<p><a href=\"http:\/\/www.nytimes.com\/2011\/10\/27\/opinion\/kristof-crony-capitalism-comes-homes.html\">Read it all<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I\u2019m as passionate a believer in capitalism as anyone. My Krzysztofowicz cousins (who didn\u2019t shorten the family name) lived in Poland, and their experience with Communism taught me that the way to raise living standards is capitalism. But, in recent<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/kendallharmon.net\/?p=29001\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":794,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39,40,589,149,168,114,151,599,585,34],"tags":[],"class_list":["post-29001","post","type-post","status-publish","format-standard","hentry","category-culture-watch","category-economics-politics","category-corporationscorporate-life","category-economy","category-ethics-moral-theology","category-law-legal-issues","category-politics-in-general","category-stock-market","category-the-banking-systemsector","category-theology"],"_links":{"self":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/29001","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/users\/794"}],"replies":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=29001"}],"version-history":[{"count":0,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/29001\/revisions"}],"wp:attachment":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=29001"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=29001"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=29001"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}