Crony Capitalism Protects Wrongdoers, Harms Consumers, and Disrupts Markets

Thanks to a renewed interest in the works of Ayn Rand and high-profile figures like John Stossel, Glenn Beck, and Rand Paul, libertarianism is enjoying a moment in the political sun. And just like America's two major parties, libertarians can often be blind to faulty logic and flaws within their own ideology. Timothy P. Carney recently wrote a piece for The Atlantic discussing this very problem:
"Voters despise government officials who get in bed with corporations. But what about corporations who cozy up to government? Are companies who use cronyism to grow their profit acting unethically? 

http://townhall.com/columnists/kenconnor/2013/05/08/crony-capitalism-protects-wrongdoers-harms-consumers-and-disrupts-markets-n1590088?utm_source=thdaily&utm_medium=email&utm_campaign=nl