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> Cronyism can plague any economic system, Klein explained, across the spectrum of free-market economies to governmentally controlled environments. Try reading
by rubyist5eva 5y ago
> Cronyism can plague any economic system, Klein explained, across the spectrum of free-market economies to governmentally controlled environments.
Try reading the article?
- Miner49er 5y agoYeah, I agree, but I think there probably exists economic systems that are far more resilient to cronyism then capitalism. Whereas I think capitalism will always result in cronyism.
- jimbokun 5y agoWhat are those systems? And where is the real world evidence they are more resilient to cronyism?
- rubyist5eva 5y agoSuch as?
- Miner49er 5y agoReally anything that tries to democratize or distribute the control of Capital better. I wrote in another comment that I like parts of Mutualism [0]. I think the emphasis on credit unions, the limits to private property, and the emphasis on workplace democracy would help limit wealth from becoming too concentrated while still enabling economic development, arguably even enabling it better then Capitalism. [0] https://en.wikipedia.org/wiki/Mutualism_(economic_theory) https://en.wikipedia.org/wiki/Mutualism_(economic_theory)