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Free Republicvia The Heritage FoundationApr 10, 2026Social Media

Is the System Rigged? Adam Smith on Crony Capitalism, Its Causes—and Cures

Senator Bernie Sanders is cited for his claim that the economic system is rigged in favor of the few.

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A Heritage Foundation analysis explores how Adam Smith’s warnings about 'crony capitalism' align with modern criticisms from figures like Bernie Sanders and Charles Koch, arguing for limited government to prevent system rigging.

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