Project Syndicate: Trump has corrupted American free enterprise with his own brand of crony capitalism

Under President Donald Trump, the United States has begun to epitomize crony capitalism, whereby political leaders extend benefits and protection to businesses in exchange for political acquiescence and economic favors.

Under President Donald Trump, the United States has begun to epitomize crony capitalism, whereby political leaders extend benefits and protection to businesses in exchange for political acquiescence and economic favors.