Crony capitalism: Difference between revisions
Created page with "'''Crony Capitalism''' is a term that refers to the relationship between the state and politically well-connected businesses in a mixed economy. The state’s natural tendenc..." |
Pestergaines (talk | contribs) +cat, +stub |
||
| Line 1: | Line 1: | ||
'''Crony Capitalism''' is a term that refers to the relationship between the state and politically well-connected businesses in a [[mixed economy]]. The state’s natural tendency is to grow, spreading its influence into more and more sectors of society and its economy. As society becomes increasingly controlled, collusion between the political class and well-connected business leaders occurs with greater frequency and to a much higher degree. | '''Crony Capitalism''' is a term that refers to the relationship between the state and politically well-connected businesses in a [[mixed economy]]. The state’s natural tendency is to grow, spreading its influence into more and more sectors of society and its economy. As society becomes increasingly controlled, collusion between the political class and well-connected business leaders occurs with greater frequency and to a much higher degree. | ||
==See Also== | ==See Also== | ||
*[http://mises.org/daily/3164 The Founding Father of Crony Capitalism] – Thomas J. DiLorenzo | *[http://mises.org/daily/3164 The Founding Father of Crony Capitalism] – Thomas J. DiLorenzo | ||
*{{wplink}} | *{{wplink}} | ||
[[Category:Concepts]] | |||
{{Stub}} | |||
Revision as of 10:34, 1 January 2012
Crony Capitalism is a term that refers to the relationship between the state and politically well-connected businesses in a mixed economy. The state’s natural tendency is to grow, spreading its influence into more and more sectors of society and its economy. As society becomes increasingly controlled, collusion between the political class and well-connected business leaders occurs with greater frequency and to a much higher degree.
See Also
- The Founding Father of Crony Capitalism – Thomas J. DiLorenzo
- Crony capitalism at Wikipedia