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Rejection of the current crony capitalism doesn't imply socialism. A right winger can dislike how it makes markets lazy through government protection, and maki
by conjectures 10y ago
Rejection of the current crony capitalism doesn't imply socialism.
A right winger can dislike how it makes markets lazy through government protection, and making entry and exit difficult.
A left winger can criticise the inefficiency of outcomes in monopolistic markets, and the unfairness of outcomes based on initial endowments.
The current status quo is very traditional: those in charge take every opportunity to enrich themselves either legally, illegally or by rigging the law.