Cronyism

Cronyism

Crony capitalism, sometimes called cronyism, is an economic system in which businesses thrive not as a result of free enterprise, but rather as a return on money amassed through collusion between a business class and the political class.

Some deluded people think that "people all around the world have lived without greedy capitalism for thousands of years WITHOUT any problems and were able to feed their families and people every single day and night and enjoy their unique lifestyles for THOUSANDS OF YEARS , noticed I said thousands upon thousands of years" this of course is historical nonsense to say nothing of academic bigotry if not outright ignorance.

Capitalism is merely an economic system based on private ownership, control, and operation of the means of production and their beneficial use.

That means if you hunt it, gather it, grow it, create it, or build it, then it is yours to use, keep, or distribute by "right" because some portion of your sweat, blood, tears, and time have become an intrical part of what you produced because we're the "means of production" as you hunted, gathered, cultivated, created, or built it. You can only do this without damaging anyone else, stealing from anyone else.

This is basic natural law and the sum total of basic principle of capitalism.

None of this has to do with greed. Certainly a capitalist can be greedy and selfish but in the Law of Nature there a natural governors built in through cause and effect that limit long term abuse.

Capitalism, unlike socialism is not a political or legal system and has been a fundamental part of the Law of Nature from the beginning.

Many in the animal kingdom are not only territorial but we know the "Foxes have holes, and birds of the air have nests" which they guard because they were made by them.

All capitalists respect that right of others to be capitalist as their own means of production. The greedy capitalist will soon find no ally except other greedy capitalists who flock together to become Crony-capitalists. These men are not true capitalists because they covet the means of production of others. The spirit of Crony-capitalism is found in many people and systems including socialism which leads to communism.