Crony Capitalism

The word “crony” when modifying the word “capitalism” is, effectively, to nullify the meaning of capitalism. By crony capitalism we mean something that is capitalism in appearance but corrupt under the skin, with special deals and privileges for some but not for others. A level playing field, where success requires satisfied customers and profits for investors is replaced by a rigged system of politicians passing laws that give special advantages to their friends and where the “profits” go to the politicians.

Now,  Crony Chronicles has produced a video that is sure to go viral.

 

Don’t miss seeing their other videos.

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