3 ms·

Nope, I mean capitalism. Not going to change the definition because cronyism is an easy target to criticize. Crony-capitalism =/= capitalism.

• nfoz 9y ago
  Are there good examples of non-crony capitalism, when we're discussing markets and populations at this scale? This sounds an awful lot like "authoritarian communism =/= communism".
  • djschnei 9y ago
    Are you talking currently or historically? Historically, TONS. America was for quite a while (still is in some cases, others not at all). Currently, Hong Kong is a great example of a largely free economy. https://www.fraserinstitute.org/economic-freedom/dataset?year=2014&page=dataset&min-year=2&max-year=0&filter=0&most-free=1&quartile2=1&quartile3=1&least-free=1 https://www.fraserinstitute.org/economic-freedom/dataset?yea...
    • gasbag 9y ago
      I'm curious to see some of the historical examples in America, especially if there are TONS of them. Because when I think of "American capitalism at scale" in the old days the only thing I picture are the robber barons.
      • djschnei 9y ago
        I said there were tons of examples historically and that America was one of them (and obviously not in every aspect... these types of things are always on spectrums and not devoid of anomalies)