Stadium Socialism

Our Crony Capitalism series returns with this interactive seminar on “Stadium Socialism”

The struggle between cronyism and true capitalism for the soul of the US economy has always been a defining features of our economic history. For the past few decades however, cronyism seems to have gained the upper hand.

This seminar documents and explains a phenomenon known as “Stadium Socialism”, a type of cronyism that manifests itself in the form of generous subsidies and various tax incentives to the wealthy.