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To: Regal

To be clearer. I understand cronyism, but I am vague as to how the idea is communism related.


Thing is, there is no such thing as “crony capitalism”. Cronyism and capitalism are mutually exclusive, economically speaking. Once cronyism enters capitalism, it’s no longer capitalism. It’s cronyism.


10 posted on 01/11/2015 7:06:31 AM PST by cuban leaf (The US will not survive the obama presidency. The world may not either.)
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To: cuban leaf
Once cronyism enters capitalism, it’s no longer capitalism. It’s cronyism.

Indeed. The old analogy holds true --
Take 10 gallons of fresh water and add 1 gallon of sewage -- the result is sewage.
Take 10 gallons of sewage and add 1 gallon of fresh water -- the result is sewage.

Cronyism quickly corrupts social systems and immediately turns it all bad.

14 posted on 01/11/2015 7:10:16 AM PST by ClearCase_guy ("Hey, I don't appreciate your lack of sarcasm.")
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