In his latest Ideas Matter update, Max Borders focuses on the growing realization that crony capitalism causes major problems.

As we’ve been saying all along, crony capitalism is the problem. A consensus is forming around this idea.

You might have come across the following Venn Diagram, which crystalizes some of what Chris Coyne explains in this video, but in a very intuitive picture:

Finally, something upon which left and right can agree. The only problem is, there’s only one solution: the separation of commerce and state. This firewall is a libertarian solution that neither the establishment left nor right is likely to accept.

So for the great swath of Americans who are tired of crony capitalism, we need a new meme and a new bloc: “NO CRONIES.”