Elon Musk rebukes cronyism in stimulus funding. Will it be permanent?

Published July 31, 2020 4:30pm ET



Crony capitalism is a funny thing to watch. Cronies don’t have a political party, don’t have a prevailing ideological policy stance, and don’t have a selfless moral framework. They advocate for themselves, their businesses, or the businesses of their clients.

That means several things, but interestingly, like a broken clock may get the time right, even a crony can be right on policy sometimes.

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