Michael Barone – The Return of Crony Capitalism?

In his bestseller “Inside U.S.A.,” the hugely readable journalist John Gunther described America as it was in the last year of World War II. He interviewed hundreds of politicians, businessmen and journalists, but only four men rated a separate chapter — three politicians and Henry J. Kaiser, the California construction magnate who built dams and ships and manufactured concrete and steel and aluminum.

Kaiser was, Gunther wrote, “tough, creative, packed with ideas and energy, above all a man who likes to make things.” But he was also, he noted, a “link of enterprise by government, since government was on his side.”

RealClearPolitics – The Return of Crony Capitalism?.

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