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Charles G. Koch: Corporate Cronyism Harms America

online.wsj.com

"KOCH BLASTS 'CORPORATE CRONYISM': Charles Koch writes in The Wall Street Journal: "By subsidizing and mandating politically favored products in the energy sector (solar, wind and biofuels, some of which benefit Koch Industries), the government is pushing up energy prices for all of us - five times as much in the case of wind-generated electricity. And by putting resources to less-efficient use, cronyism actually kills jobs rather than creating them. Put simply, cronyism is remaking American business to be more like government. It is taking our most productive sectors and making them some of our least." - Politico

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