Liberal Forum

GeorgeWashington » 06 May 2014 10:44 am » wrote:
What part if wikis definition do you take issue or disagree with?

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

I already told you - the lies, of omission and commission. Why is there is no such thing as crony free enterprise? Please - take 30 seconds on that question. Why do we never hear about crony free enterprise? If cronyism is something that capitalism is a "victim" of, why doesn't cronyism ever "victimize" free enterprise?

There is no such thing as crony capitalism.

There is free enterprise, and there is capitalism - and the rest is just politically correct ****. Your silly assed wiki definition of capitalism, if read by an uninitiated person, would leave them no way to distinguish between what bill gates does and what the greek restaurant on the corner does - and that is silly, bordering on infantile. It gives the reader all the power and all the distinctions of a participant in a mud pie making session. Don't forget to make that mud pie pretty, because the princess is coming over and might be famished.