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mattnewton · 2020-11-10 04:01:47+00:00

I would usually call this “crony capitalism”[0] or just “cronyism,” and agree it stinks, and is a degenerate state away from functioning capitalism.

[0] https://en.m.wikipedia.org/wiki/Crony_capitalism

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rocmcd | karma 340 | avg karma 2.91 · | 2023-02-12 13:19:25

This is called 'crony capitalism'.

cpursley | karma 5271 | avg karma 1.95 · | 2022-05-29 09:30:07

There's a term for this: Crony Capitalism

cpursley | karma 5271 | avg karma 1.95 · | 2015-01-29 14:50:38+00:00

Ok, then you mean crony-capitalism: https://en.wikipedia.org/wiki/Crony_capitalism

Anarchonaut | karma 1 | avg karma 0.33 · | 2017-06-24 18:52:47+00:00

The crony capitalism you describe is actually 'corporatism'.

Jgrubb | karma 3100 | avg karma 4.18 · | 2014-03-14 20:34:21

Why isn't Crony Capitalism an accurate term for this? Seems like exactly the term to me.

hgs3 | karma 1218 | avg karma 2.37 · | 2023-05-05 10:48:54

Its called crony capitalism [1].

[1] https://en.wikipedia.org/wiki/Crony_capitalism

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Turing_Machine | karma 10789 | avg karma 1.77 · | 2024-06-26 16:07:11

That's not capitalism. That's cronyism.

cpursley | karma 5271 | avg karma 1.95 · | 2015-09-29 16:22:17

I believe you mean "cronyism"

https://en.wikipedia.org/wiki/Crony_capitalism

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ekianjo | karma 34827 | avg karma 2.44 · | 2024-03-03 04:09:45

crony capitalism

humbyvaldes | karma 153 | avg karma 2.43 · | 2013-03-29 10:19:57

Crony capitalism

dexterdog | karma 2576 | avg karma 1.57 · | 2021-10-13 10:37:56

Crony capitalism. Capitalism is in the name, but that's not what it is at all.

Matticus_Rex | karma 1663 | avg karma 2.35 · | 2021-03-30 01:15:41+00:00

Right, but we call that "crony capitalism."

Red_Leaves_Flyy | karma 2169 | avg karma 1.54 · | 2020-03-24 10:52:43+00:00

Crony capitalism?

bravo22 | karma 1045 | avg karma 2.59 · | 2023-03-12 08:00:20

Aka crony capitalism, aka socialism with some free market features.

abfan1127 | karma 1259 | avg karma 1.92 · | 2020-11-10 17:52:33+00:00

Crony capitalism.

markus_zhang | karma 5615 | avg karma 1.76 · | 2020-01-23 11:34:41

Well, Crony Capitalism is Capitalism. Let's face it.

GFK_of_xmaspast | karma 3102 | avg karma 0.89 · | 2015-05-18 10:02:53

Crony Capitalism is just regular capitalism.

npongratz | karma 2205 | avg karma 4.09 · | 2019-04-05 16:03:05+00:00

Agreed. And I'd even remove the "capitalism" from "crony capitalism". It's simply cronyism.

CapstanRoller | karma 545 | avg karma 1.21 · | 2023-03-13 13:04:44

No, it's just called "capitalism". The thing you call cronyism is a core feature, not a bug: under capitalism, the capitalist class advances its own interests.

Please stop trying to redefine basic terminology to suit your agenda.

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