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Interesting point in semantics. Crony Capitalism and Political Prostitution are basically different facets of the same thing. Perhaps it depends on who you bla
by jobu 14y ago
Interesting point in semantics. Crony Capitalism and Political Prostitution are basically different facets of the same thing. Perhaps it depends on who you blame more: the politicians for taking the money, or business people for offering it.
Either way, the main question is how do you counter it or at least balance it out so the little people don't get trampled?
- jeffdavis 14y ago"Crony Capitalism" Which is an oxymoron; government favoritism is the antithesis of capitalism. The fact that money is involved doesn't make it capitalism.
- Evbn 14y agoWhat does non-government have to do with capitalism? Libertarianism is a different word.
- jeffdavis 14y agoCapitalism is about transferable private property rights. In order to be transferable, they need to be enforced somewhat evenly. Libertarianism is a different concept that includes economic policies and non-economic policies.