Crony capitalism the greenest aspect of tall wood building proponents’ agenda

Competitive Enterprise Institute Fellow Bill Frezza classifies capitalists by tactics and wealth sources: Crony Capitalists obtain riches through government favors, exhibit “willingness to use the coercive powers of government to gain an advantage they could not earn in the market,” and are “happy to help themselves to money from the public treasury [through] subsidies that flow directly into their coffers.” By contrast, Market Capitalists satisfy “willing customers through free exchange,” risk “their own money to earn their own rewards,” and “meet their rival[s] in open competition, may the best products win.”

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