Ramaswamy: “That is not the free market in action. It’s even worse than a monopoly or an ideological cartel. They’re working hand in glove with the party in power to be able to do their bidding through the private sector. If you couldn’t get the Green New Deal through Congress, guess what? John Kerry is doing? He’s getting every major banking CEO to sign the so-called Climate Pledge…but it is also a form of crony capitalism because I will tell you, you know, as well as I, banks are not charitable institutions.
The question is what are they getting in return for signing that climate pledge. This is the crony capitalism of our moment, and I just think the way in which the critical race theory issue was in mobilizing issue for Republicans in 2021.”