Exactly what is crony capitalism, anyway?

posted by
December 13, 2011
Competitive Enterprise Institute
by William Frezza  
Posted in Commentary

"If defenders of capitalism hope to win over fair-minded fellow citizens who are honestly upset and confused, we need to define these terms and answer some basic questions. In what ways are Crony Capitalists and Market Capitalists the same and in what ways are they different? What makes the former immoral and the latter virtuous?" (12/12/11)


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