We need to focus on Crony Capitalism.
It is rampantly pursued by both main parties in the US, and exploited by politicians (past and present) and elite govt officials - who make fortunes from their current or past govt connections and influence over decision making.
It is rampantly pursued by both main parties in the US, and exploited by politicians (past and present) and elite govt officials - who make fortunes from their current or past govt connections and influence over decision making.
Crony Capitalism is not limited to the US & UK, where it’s an entrenched form of think
Neoliberalism and anarchocapitalism loving politicians and power elite everywhere (regardless of colour of their shirt) regard Crony Capitalism as a form of divine right to line their pockets
Neoliberalism and anarchocapitalism loving politicians and power elite everywhere (regardless of colour of their shirt) regard Crony Capitalism as a form of divine right to line their pockets
Crony Capitalism is related to Fascist Economics.
In Fascist Economics taxpayers are responsible to support losses of private enterprise
The "State/public pays for the blunders of private enterprise... Profit is private and individual. Loss is public and social"
Sound familiar?
In Fascist Economics taxpayers are responsible to support losses of private enterprise
The "State/public pays for the blunders of private enterprise... Profit is private and individual. Loss is public and social"
Sound familiar?
This book contains translated speeches, policies and outcomes of Mussolini’s Economic Fascism - a system that despite its beginnings, ultimately became Crony Capitalism
Crony Capitalism/Oligarchy is a common form of economics in many states, incl: China, Russia, the US etc
Crony Capitalism/Oligarchy is a common form of economics in many states, incl: China, Russia, the US etc
