6 May 2014 10:44 am
What part if wikis definition do you take issue or disagree with?Cannonpointer » 05 May 2014 10:34 pm » wrote: The lies. I disagree with the lies - both those of omission and those of commission. I can tell you what your own eyes have already seen, for your entire life - which makes it really weird that you would ask wiki for an explanation. I've had ******, so I don't go to wiki to tell me what ****** is like. Same with capitalism: I was RAISED IN A CAPITALIST COUNTRY - why would I need to refer to wiki?
Now, if you want to talk about what's real as opposed to what's wiki, let us.
Capitalism is an economic system wherein a privileged elite have access to vast sums of capital, which confers great power on that privileged elite. The POOR among them wear Gucci loafers, whereas the others don't have to slum like that. The privileged elite wwrite the tax code and have it rubber stamped by their lackeys in DC. They use other people's money to crush independent operators - see my OP to better understand how this works, or just stop looking at **** wiki and start paying attention to your actual environment.
Free Enterprise is an economic system with the emphasis on ENTERPRISE, not capital. It's getting **** - again, refer to my OP or your own life experience, but not to wiki. Wiki's purpose is information, not enlightenment.
Crony capitalism is a term describing an economy in which success in business depends on close relationships between business people and government officials. It may be exhibited by favoritism in the distribution of legal permits, government grants, special tax breaks, or other forms of state interventionism.[1][2] Crony capitalism is believed to arise when business cronyism and related self-serving behavior by businesses or businesspeople spills over into politics and government,[3] or when self-serving friendships and family ties between businessmen and the government influence the economy and society to the extent that it corrupts public-serving economic and political ideals.
http://en.wikipedia.org/wiki/Crony_capitalism
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