There many, many things on which Occupiers and Tea Partiers or progressives and libertarians disagree, but Ralph Nader says that there is an alliance forming between the left and the right against corporate welfare and crony capitalism.
Nader, a four-time presidential candidate, recently spoke at the Cato Institute about his most recent book, Unstoppable: The Emerging Left-Right Alliance to Dismantle the Corporate State. He chatted with Caleb Brown about the premise of his book on the Cato Daily Podcast and, perhaps unintentionally, turned into a discussion about campaign finance law.
“Corporate power without government power would have to adhere to market disciplines,” said Nader. “With government power, they can overcome market disciplines. Wall Street damaging Main Street. Big Business damaging small business.”
“I’ve often said that half of what Washington does is an accounts receivable, shoveling out goodies on the backs of taxpayers to business interests,” he continued. “I think even good programs excrete waste. It’s the nature of bureaucracy. It’s, by the way, corporate bureaucracy as well as government bureaucracy.”