Ron Paul : Socialism vs Corporatism 4/26/10 - Texas Straight Talk

Ron Paul "corporatism is a system where businesses are normally in private hands but are in fact controlled by the government , in a corporatist state government officials often act in collusion with their favorite business interest to design policies that give those interests a monopoly position to the detriment of the competitors and consumers , a careful examination of the policies pursued by the Obama administration and his allies in congress shows that their agenda is corporatist"