How Trump’s ‘crony capitalism’ has shaken up U.S. business

In the America most business leaders grew up in, you competed on products, prices, and ideas. The government set the rules; the market picked the winners. But something has shifted. This year, CEOs have lined up at Mar-a-Lago with gold plaques and donation checks, while the White House has started taking stakes in private companies. Critics across the political spectrum are using words like “crony capitalism” and “state capitalism” to describe what’s happening. What does it mean when schmoozing becomes a business strategy? Maria Aspan with NPR has the full story.

Maria Aspan

NPR

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