#crony-capitalism — Public Fediverse posts

Are we entering the phase of #Abundance by way of #CronyCapitalism? Contracts given to who you know contrary to the findings of staff who did the vendor evaluations is not the really a good look.

Especially when "staffers raised concerns about OpenGov’s capabilities, saying its features had “gaps so significant” that it “shouldn’t be considered.” "

5 takeaways from The Standard’s investigation into Lurie’s permit project | The San Francisco Standard
https://sfstandard.com/2026/05/13/san-francisco-daniel-lurie-permitsf-opengov-takeaways/

We Need to Talk About the National Park Service

https://adventureadjacent.com/2026/04/07/we-need-to-talk-about-the-national-park-service/

Of Debt and Delusion: India’s $747 Billion Burden and the Mirage of Neoliberal GDP Fetishism
https://onceinabluemoon2021.in/2025/12/30/of-debt-and-delusion-indias-747-billion-burden-and-the-mirage-of-neoliberal-gdp-fetishism/
Debt is a moral relation before it is a financial one.

#IndiaDebt, #ExternalDebt, #IndianNeoliberalism, #GDPFetishism, #CronyCapitalism, #PolicyCapture, #EconomicJustice, #CommonGoodEconomy, #PostGDP, #DoughnutEconomics, #Degrowth, #PlanetaryBoundaries, #ClimateDebt, #Seize_Cronies_Fairplay_for_DHFL_Victims, #Alleged_Dawood_Mirchi_RKW_DHFL_BJP_Collusion,

I've never hated #capitalism as described in my #Economics classes or by its proponents. I hate #CronyCapitalism, #monopolies & #monopsonies & their "oli-" kin ( #oligopoly for example). I want actual #FreeMarket capitalism with strong #rules, enforced equally. I want true #AdamSmith capitalism.

Why The Rich Hate Capitalism -...

What is the difference between government running a grocery store and government owning a share of a semiconductor company? Why would one of these be a good thing and the other not such a good thing?

#bigGovernment #cronyCapitalism #economicNationalism #economics #groceryStores #horseshoeTheory #Intel #nationalism #socialism

I am a native Malaysian person, specifically from the Sabah region. It seems that, although I am a native of this land, it feels like nothing belongs to me here. Capitalists and cronies own the land; our rights to electricity are being denied, and our voices are constantly suppressed or harassed.

#Sabah #Malaysia #IndigenousRights #LandRights #NativeVoices #CronyCapitalism #EnergyJustice #ClimateJustice #HumanRights #SocialJustice #Decolonise #AntiColonial #PowerToThePeople #CommunityRights #CulturalSurvival #VoiceForTheVoiceless #JusticeForSabah #NoToLandGrabbing #ProtectOurLand #ElectricityForAll #SystemicOppression #RiseUp #WeAreStillHere #Resist #LandBack #EnergyAccess #SabahStruggles #PeopleOverProfit #StandWithSabah #FightInjustice #NativeLand #OrangAsal #Borneo #MalaysianPolitics #Equity

"Not only are Americans more exposed to the markets than ever before, they are also saving less than they were before Covid-19. Meanwhile, the fact that the normal market cycle has been so stretched out — putting aside the brief V-shaped dip of the pandemic, it has been 15 years since the US and the world had a synchronised recession — means that a downturn would probably have a bigger impact than previous ones.

What would the political ramifications of all this be? More populism at home, certainly, but also perhaps some fundamental changes to the global financial system. I could imagine, for example, that China and its allies might use such a moment to go to the IMF and negotiate for a move away from the dollar-backed system to something more globally balanced. Certainly, it’s easier to make the argument for such a shift if that system is seen as being politically compromised.

While crony capitalism may yield short-term gains for some, its long-term costs are high."

https://www.ft.com/content/85fd3200-55b1-4e58-9e6f-613e97a1e36a

#USA #Trump #Economy #Corruption #Kleptocracy #Plutocracy #CronyCapitalism

The Boundary Waters Litigation is on Hold, Again.

I’ve been traveling for the past week or so, and haven’t had a chance until this morning to publish these latest filings in Twin Metals v. US. (For background, see this, this, this, and this, among many other posts.)

As those who have been following the case are aware, in March of 2025, just a month after he was sworn in, Secretary of the Interior Doug Burgum did an about-face and joined the plaintiffs (a foreign mining company with plans to mine nickel and copper on the edge of the Boundary Waters). At the time, the parties requested that this case be put on hold, or held in abeyance. A group of small businesses and non-profits involved in the case as Defendant-Intervenors that I have been calling the Civil Society group did not join the government in that request.

The motion for abeyance granted (back in July), Burgum and the mining company’s lawyers and lobbyists then had 90 days to find a way around the provisions and protections put in place by the Biden administration. Those 90 days have nearly come and gone. So on October 1 they requested and on October 7 the court granted another 180 days.

Antofagasta and its lawyers appear to have realized a while ago that they are unlikely to prevail in a court of law, so the company has been seeking delays at the DC Circuit while looking for political answers to its problems. This is a theme I’ve been trying to stress in my posts on this subject (e.g., this one, from 2023).

90 days was not nearly enough time to do all they had to do. Consider just a couple of highlights (or lowlights) from this past summer. Pete Stauber failed to smuggle a Boundary Waters blowout sale into the budget bill, but Interior managed to revoke the legal opinion that recognized the federal government’s authority to say “no” to the mining company. (That legal work had mostly already been done by solicitor Daniel Jorjani in the first year of the first Trump administration.)

Now Doug Burgum and the mining company lawyers and lobbyists need to find a way to revive the Chilean conglomerate’s cancelled leases and do something about the preference right lease applications that the previous administration denied. That will ultimately require doing something about the 20-year Rainy River watershed mineral withdrawal, which Secretary of Agriculture Brooke Rollins claims a “review” determined to be unnecessary.

The federal government is currently shut down and the case in the DC Circuit Court of Appeals is now on hold until April, 2026. For the sake of good housekeeping, here are the court documents.

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#corruption #cronyCapitalism #cronyism #kleptocracy #oligarchy #pollution #resourceHoarding #Water

Neera Tanden: "Someone needs to explain the rationale for cutting #USAID
but bailing out Argentina from their own whack policies."
#ethics #politics #Trump #PlayingFavorites #CronyCapitalism

E20 Petrol in India: Green Transition or Greenwashed Cronyism?
https://onceinabluemoon2021.in/2025/09/23/e20-petrol-in-india-green-transition-or-greenwashed-cronyism/
#ClimateChange, #Anthropocene, #Capitalocene, #Greenwashing, #GreenCapitalism, #CronyCapitalism, #DynasticCapitalism, #NepoCapitalism, #NitinGadkari, #GadkariFamilyBusiness, #GreenwashedCronyism, #EthanolCronyism, #ClimateJustice, #FoodVsFuel, #WaterCrisisIndia, #BiodiversityLoss, #EcologicalExtinction, #PollutionIndia, #DeforestationIndia, =

"Last year, Congress overwhelmingly passed, and President Joe Biden signed, legislation that would require TikTok’s Chinese owner, ByteDance, to either sell or shut down the popular social media site in the United States. Congress took this extraordinary step because of widespread concern that China’s communist regime could use the app to gather data on — and spread propaganda to — 170 million American users.

This year, the Supreme Court unanimously upheld the ban, which TikTok had challenged on First Amendment grounds. The law was supposed to go into effect on Jan. 19. President-elect Donald Trump had filed an amicus brief asking the high court to grant him flexibility to negotiate a diplomatic solution. The justices refused. That left one loophole in the law: “The President may grant a 1-time extension of not more than 90 days” if there was “in place” a “binding legal agreement” for ByteDance’s divestiture.

Yet 247 days (and counting) after the deadline to close it, TikTok keeps ticking along despite the lack of a binding agreement. Ignoring the law, Trump has granted four extensions — three more than legally allowed — to keep the app in business.

This is quite a turnaround for a president who had tried to ban TikTok on national security grounds in 2020, writing in an executive order that the app “threatens to allow the Chinese Communist Party access to Americans’ personal and proprietary information” and that it “reportedly censors content that the Chinese Communist Party deems politically sensitive.”"

https://www.washingtonpost.com/opinions/2025/09/23/trump-tiktok-algorith-crony-capitalism/

#USA #Trump #TikTok #SocialMedia #China #ByteDance #CronyCapitalism

#TikTok To Be Sold To #Trump’s Right Wing #Billionaire Buddies And Converted Into A #Propaganda Mill | Techdirt https://www.techdirt.com/2025/09/17/tiktok-to-be-sold-to-trumps-right-wing-billionaire-buddies-and-converted-into-a-propaganda-mill/

#uspol #business #cronycapitalism

Export taxes are unconstitutional.

So trump’s “little deal” for the US gov’t to take a cut of sales of microchips to China is too— unless the administration worms around the Constitution.

(…maybe by not calling it an export tax… but what would it be, then… and where *exactly* in the US gov’t will the money go? 🤔
Also— what is to prevent other companies from making ‘deals’ with #trump while ignoring national security?)

1🧵
#CronyCapitalism #business #USA #MyThoughts
—

https://www.pcmag.com/news/nvidia-amd-to-pay-15-of-revenue-from-china-ai-chip-sales-to-us-government

"#ElonMusk may have resigned from the Department of Government Efficiency, but few believe he’s stepping away from power. In under a year, #DOGE brought #SiliconValley-style disruption to Washington, consolidating federal data and dismantling oversight. Now, #Musk is expected to channel what he gained into a private #AI venture – with public systems still in reach."

guest: @MattBinder

https://omny.fm/shows/the-take/what-did-elon-musk-get-from-doge-and-what-s-next
#USpol #SiliconValleyRight #DOGEbags #cronyCapitalism #MoveFastAndLootThings #tech

So it turns out Poindexter is as much a fReE cOmPetiTioN aBsoLutiSt as he is a fReE sPeEcH aBsoLutiSt ¯\_(ツ)_/¯

https://www.thecooldown.com/green-business/tesla-tariff-exemption-us-manufacturing/
#copinage #cronyism #cronyCapitalism #Musk #Tesla #USpol

Corrupt Grifters, Texas Lawmakers, Are Again Pushing to Spend Millions on Kits That Don't Work, to Find Missing Kids.
#cronycapitalism
The Waco-based company is led by former NFL player Kenny Hansmire, ProPublica & the Tribune found had a history of failed businesses & financial troubles, including millions of dollars in federal tax liens & a ban from conducting certain finance-related business in Connecticut due to his role in an alleged scheme to defraud investors. https://www.propublica.org/article/texas-lawmakers-child-id-kits-funding

How much more #evidence is needed to establish that #GOP is #corrupt to the #core?
#Congress #corruptGOP #CorruptToTheCore #CronyCapitalism #conflictOfInterest #government #USPolitics

https://thehill.com/homenews/house/5273231-republicans-block-votes-signal-musk/

My, my - a whiff of special dealing in the air? In #47's administration? How can this be?

https://www.theguardian.com/us-news/2025/apr/18/trump-space-employees-musk?CMP=share_btn_url

#CronyCapitalism #SelfDealing

This #orange #turd will not rest till the entire #economy is in rubbles. #impeach this #felon #RussianAgent in the #WhiteHouse.

#corruption #corruptGOP #CronyCapitalism #criminal #government #USPolitics
https://finance.yahoo.com/news/trump-powells-termination-cannot-come-fast-enough-113417649.html

[cont’d] while on the subject of the poison machine, lest we forget that the unholy trinity of father, wife and son has nothing to do with ideology and everything to do with corruption and crony capitalism…

#Netanyahu donor Arnaud Mimran now faces murder charges while serving time for €283M fraud. The case resurfaces Netanyahu's connections to Mimran, who made hundreds of millions from carbon tax fraud (dubbed "the scam of the century") before being convicted in 2016. Beyond his current charges, Mimran was previously sentenced to 13 years for kidnapping a Swiss financier.

Mimran provided Netanyahu with Parisian mansions and luxury vacations before claiming he donated €1M to his campaign. Like other Netanyahu backers facing legal troubles, Mimran represents a pattern: the family cultivates wealthy supporters who provide lavish benefits in exchange for political influence—revealing a dynasty built on crony capitalism, not ideology.

French https://www.liberation.fr/societe/police-justice/arnaque-a-la-taxe-carbone-un-proces-ordonne-contre-arnaud-mimran-pour-deux-meurtres-et-une-complicite-dassassinat-20250411_DFUDAKK7RBCCPDRMUEKYWBWIDI/

@palestine
@israel
#MimranCase
#NetanyahuDonors​​​​​​​​​​​​​​​​
#cronycapitalism #france #israel

It was just a #ploy by these #lying #scumbags used to #destroy institutions that truly made #America #great. These #criminals belong in #prison.

#DOGE #failure #stupid #idiots #corruptGOP #administration #CorruptAdministration #antiAmerican #USPolitics #thief #thugs #LIARS #CorruptToTheCore #CronyCapitalism

https://finance.yahoo.com/news/elon-musk-drastically-drops-doge-112308234.html

This #lying sack of #orange #turd is a #criminal who is causing #unnecessary #losses world-wide. The #abomination CANNOT #govern, #negotiate or #build. Only knows #destruction.

#impeach #TraitorMAGA #TraitorGOP #opposeGOP #OpposeFascism #hypocrite #CronyCapitalism #USPolitics #government #CriminalAdministration #prison #defeatGOP

https://finance.yahoo.com/news/trump-exempts-phones-computers-chips-124707368.html

"#ElonMusk’s minions in the federal government have just fired key experts who regulate #Tesla"

https://newrepublic.com/post/193850/elon-musk-doge-tesla-firing-self-driving-car-experts
#USpol #USpolitics #MAGA #DOGE #NHTSA #DOGEbags #cronyism #CronyCapitalism #Musk #SiliconValleyRight

"Fun fact: #Trump's backing down on #tariffs generated roughly $5 trillion in stock wealth yesterday. If Trump friends got 10% of that through advance knowledge, that's $500 billion." - #DeanBaker

https://deanbaker22.substack.com/p/fun-with-numbers-who-got-rich-over
https://skyview.social/?url=https%3A%2F%2Fbsky.app%2Fprofile%2Fdeanbaker13.bsky.social%2Fpost%2F3lmhgxkgdh22k&viewtype=unroll
#USpol #cronyism #cronyCapitalism #LateImperialAmerica