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If we voters would vote out all our career politicians that would be a good start to ending Crony Capitalism. However, I would bet most voters don't even know the definition of Crony Capitalism, much less could give an example of it.
It would be a great thing. Too bad there is too much partisan hackery, and the fact that people treat politics like a sporting event.
Why is it "crony capitalism"? Why not just capitalism? Capitalism is like this everywhere with the minor exception of the social democratic versions of the Northern European models, Canada and Australia/NZ.
I don't get all these names to try and explain away the notion that unbridled capitalism might be flawed; crony capitalism and corporatism. These aren't serious terms. They sound like conjured up buzz words by libertarians like the word "statism".
Why is it "crony capitalism"? Why not just capitalism?
Because it's not capitalism.
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Capitalism is like this everywhere with the minor exception of the social democratic versions of the Northern European models, Canada and Australia/NZ.
Yes, I agree that Crony Capitalism exists around the world.
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I don't get all these names to try and explain away the notion that unbridled capitalism might be flawed; crony capitalism and corporatism. These aren't serious terms. They sound like conjured up buzz words by libertarians like the word "statism".
And yes, it is a serious term. Google it and maybe you will learn something.
Oh, BTW, where have you seen "unbridled capitalism"?
Yes, I agree that Crony Capitalism exists around the world.
And yes, it is a serious term. Google it and maybe you will learn something.
Oh, BTW, where have you seen "unbridled capitalism"?
I've heard those terms before but mostly by libertarians who have rectified the language and inserted their presuppositions into the public discourse.
Crony capitalism is just corruption. Corporatism is another way to explain away capitalisms faults. Because "true" capitalism wouldn't falter right?
When was not capitalism crony? During the Robber baron years? During the slave trade? The early days of colonialism? The days before a successful labor movement? When the US would overthrow democratically elected leaders on behalf of major corporations like the United Fruit Co?
When was it this pure thing? The best times were during the period of 1950-1980 when it was regulated and labor was strong
I've heard those terms before but mostly by libertarians who have rectified the language and inserted their presuppositions into the public discourse.
Crony capitalism is just corruption. Corporatism is another way to explain away capitalisms faults. Because "true" capitalism wouldn't falter right?
When was not capitalism crony? During the Robber baron years? During the slave trade? The early days of colonialism? The days before a successful labor movement? When the US would overthrow democratically elected leaders on behalf of major corporations like the United Fruit Co?
When was it this pure thing? The best times were during the period of 1950-1980 when it was regulated and labor was strong
I've heard those terms before but mostly by libertarians who have rectified the language and inserted their presuppositions into the public discourse.
Crony capitalism is just corruption. Corporatism is another way to explain away capitalisms faults. Because "true" capitalism wouldn't falter right?
When was not capitalism crony? During the Robber baron years? During the slave trade? The early days of colonialism? The days before a successful labor movement? When the US would overthrow democratically elected leaders on behalf of major corporations like the United Fruit Co?
When was it this pure thing? The best times were during the period of 1950-1980 when it was regulated and labor was strong
Yup, good old 1950-1980. That was back in the good old days when the rest of the world was still trying to rebuild after WW II, and if something looked like crap, people would joke "Was that made in Japan."
Once Europe and Asia got their feet under them and started to compete with US manufacturers, then GM and Ford could not get away with junk cars with a laughable "12 month or 12,000 mile" new car warranty anymore.
Why is it "crony capitalism"? Why not just capitalism? Capitalism is like this everywhere with the minor exception of the social democratic versions of the Northern European models, Canada and Australia/NZ.
I don't get all these names to try and explain away the notion that unbridled capitalism might be flawed; crony capitalism and corporatism. These aren't serious terms. They sound like conjured up buzz words by libertarians like the word "statism".
You only mock those terms because you are ignorant about what they mean.
The difference between capitalism and crony capitalism is:
Capitalism is a business offering me a product or service, and me making an informed decision to purchase it because I think it has value to me.
Crony capitalism is corrupt politicians taking our tax dollars and giving it to businesses and organizations that are either owned by or employ a politician's political friends and campaign donors.
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