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Crony capitalism and current US politics are deeply rooted into each other and feed and nourish one another.
by stjohnswarts 5y ago
Crony capitalism and current US politics are deeply rooted into each other and feed and nourish one another.
- LordDragonfang 5y agoBlaming "crony" capitalism implies the issue is too much regulation, not too little. Since I'm asserting that most of the issues stem from the period of deregulation following Reagan, that's clearly at very different conclusion. Short-sighted pursuit of profit is a failure mode inherent in capitalism in general, no cronyism required.