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Discussion and Debate
Discussion and Debate
Politics
American Politics
why crony capitalism isn't capitalism
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<blockquote data-quote="Illuminaughty" data-source="post: 61676110" data-attributes="member: 308171"><p>Unregulated Capitalism naturally evolves into crony capitalism. The far right understanding of "true capitalism" is utopian and will never exist. The rich will simply use their power and wealth to bring about the cronyism if there are not strong regulations and safe guards to prevent it. Such safe guards are inevitably interpreted as "socialism" and rejected by the adherents of right wing "true capitalism".</p></blockquote><p></p>
[QUOTE="Illuminaughty, post: 61676110, member: 308171"] Unregulated Capitalism naturally evolves into crony capitalism. The far right understanding of "true capitalism" is utopian and will never exist. The rich will simply use their power and wealth to bring about the cronyism if there are not strong regulations and safe guards to prevent it. Such safe guards are inevitably interpreted as "socialism" and rejected by the adherents of right wing "true capitalism". [/QUOTE]
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why crony capitalism isn't capitalism
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