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Washington Post: Vulture Capitalism on Trial

Katrina vanden Heuvel

Author: Katrina vanden Heuvel
January 17, 2012

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Katrina vanden Heuvel of the Washington Post addresses Republican criticism of "Romney capitalism" and the different visions it presents for our nation and its economy.

If you had asked me at the beginning of the Republican nomination fight what candidates like Newt Gingrich and Rick Perry would say to win, I would have said just about anything. What I couldn't possibly imagine was that one of the things they might start saying would actually be the unvarnished, unblinking, stand-up-and-clap-for-it truth.

With their eyes set on Bain's bane and Mitt Romney's career, Perry and Gingrich have been astonishingly and appropriately brutal. "There's a real difference between venture capitalism and vulture capitalism,"Perry told Fox and Friends last week. "I don't believe that capitalism is making a buck under any circumstances." Couldn't have said it better myself.

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