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  • Jason Mattera’s “CRAPITALISM” Highlighted In USA Today

    10.27.2014 | News | |

    In an eye-opening USA Today op-ed about the perception of capitalism among Vietnamese citizens, author and University of Tennessee law professor, Glenn Reynolds, aptly acknowledges Daily Surge publisher Jason Mattera’s latest book Crapitalism: Liberals Who Make Millions Swiping Your Tax Dollars. 

    Reynolds highlights a new Pew Global Poll that says 95% of people in Vietnam believe that most people are better off under capitalism, “even if there is inequality.”

    Reynolds also notes that just “70% of Americans believe the same thing.” And in describing how current beliefs and views about capitalism are shaped by real world events, Reynolds says some (and perhaps too many) Americans are distrustful of capitalism because they are confusing and conflating it with “crapitalism.”

    But the Vietnamese view of capitalism is based on their experience, while the American view, sadly, may be based on our own. The Vietnamese have their recent experience with the lies and deprivation that always accompany communism to contrast with the growth and opportunity that a newly opened free market has provided. Many Americans, on the other hand, look at our free market and see that it’s not all that free sometimes, and that a lot of what passes for capitalism is really what Jason Mattera calls Crapitalism, a politicized crony-capitalism in which insider connections and government subsidies and compulsion play a bigger role than they should.

    You can learn more about the major differences between capitalism and crapitalism in Mattera’s blockbuster new book. I highly recommend it.


    Jerome Hudson

    Managing Editor

    Jerome Hudson has written for numerous national outlets, including The Hill, National Review, and The Atlanta Journal-Constitution and was recognized as one of Florida’s emerging stars, having been included in the list “25 Under 30: Florida’s Rising Young Political Class.” Hudson is a Savannah, Ga. native who currently resides in Florida.

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