>...It is a concept in capitalism Throughout all recorded history those who have been well connected with those in power have unfairly benefited from that. Th

>...It is a concept in capitalism Throughout all recorded history those who have been well connected with those in power have unfairly benefited from that. This isn't something that only came about in modern times. It is only in modern political systems with rule of law, property rights, recognition of inalienable rights, etc. where people feel that this kind of political favoritism is bad and work to limit it by constraining the power of those in power. Constraining the the rulers is done by limiting their power by written constitutions, political transparency, etc. One can certainly argue (and I would agree) that there is more political favoritism than there should be, but at least modern economic systems think it is a bad thing and people work to limit it.