4 ms·
"Crony" is so often followed by "capitalism", but it's really just cronyism that's the issue. You can find it in capitalism and you can find it in government. B
by subverter 9y ago
"Crony" is so often followed by "capitalism", but it's really just cronyism that's the issue. You can find it in capitalism and you can find it in government. But they go best hand-in-hand. I'd argue that most crony capitalism is made possible only because they can leverage the monopolistic power of their crony allies in government for mutual gain.
- RobertoG 9y agoI hear frequently the argument that crony capitalism is not really capitalism. And how "real capitalism" would work wonderfully. That always remember me, how, when you argue with a communist, frequently those examples that you bring to the conversation are never "real communism".
- deleted 9y ago[deleted]