Capitalism without bankruptcy is like Christianity without hell
When you protect one child he is going to be the weak one forever. Think about that. Europe is the weak one and America wants to copy. BUY ASIA
Crony capitalism is an economic system in which businesses thrive not as a result of risk, but rather as a return on money amassed through a nexus between a business class and the political class. This is often achieved by using state power rather than competition in managing permits, government grants, tax breaks, or other forms of state intervention.
Definition of crony capitalism
: an economic system in which individuals and businesses with political connections and influence are favored (as through tax breaks, grants, and other forms of government assistance) in ways seen as suppressing open competition in a free market
Share story
0 comentários: