Pulitzer Prize winner Steven Pearlstein takes to the Washington Post for a withering criticism of crony capitalists. Unfortunately, he proceeds to conflate them with proponents of free markets, and really anyone who dares to question liberal policies, to create a confusing mishmash of pronouncements.
I am a corporate chief executive.
I am a business owner.
I am a private-equity fund manager.
I am the misunderstood superhero of American capitalism, single-handedly creating wealth and prosperity despite all the obstacles put in my way by employees, government and the media.
I am a job creator and I am entitled.
No, you are a Washington Post columnist with a very flawed perspective about the role of government and its relationship to a free citizenry, whose misconceptions we’ll break down one at a time. Continue reading