The current state of ownership in this country is beyond offense. Generations of robber barons’ descendants have been able to live off of trusts without needing to contribute one cent to the economy, the same ones which exert such a strong influence on our politics. Millions of dollars are stashed away in offshore banks, itself a major issue (just look at the Panama Papers to see evidence of that). Trumps tax reforms were a start, but don’t fully tackle the issue. Crony capitalism or otherwise, a democratic society cannot last with such inbalance.
ok. So you have some different definitions/assumptions from how I am used to seeing the terms used.
There are some cases of definite note, where your point is quite well taken. Not so many as are often presented though. It is a problem, but it may not be a large enough one that it is a larger problem than the solutions. There are some very unattached wealthy, who sponsor some extraordinarily ill-conceived politics, but most of the arguments I hear on this are in the end, simple envy. Maybe there is an elegant solution, or even delineation.
Some of the common complaints in this area are also often a lack of appreciation of the function and value of investment.
Crony capitalism is not capitalism, and neither is Corporatism. I think we have vigorous agreement here. The whole idea of the government selecting economic winners and losers is anathema to classical liberalism. Corporatism just moves/spreads the flaws of big government to another entity.