"Crony Capitalism is an outsourcing of American jobs plus walmartization of the whole country" - I.G.Many people around the world think that USA is a capitalist society with a free market. Nothing can be more far from the truth. We Americans live in a crony capitalist society.
Crony Capitalism. Just what is it and why is it so bad? Crony Capitalists are those who seek to win in the market place, not by honest competition, but rather through government favoritism in the forms of advantageous laws, tax regulations, and other such methods. This is the heart of corruption and special interest groups as we know them today. Some among them may not realize it yet, but average people, both Conservative and Liberal are equally against crony capitalism, but they just blame each other for its existence.
Liberals blame conservatives because the free market creates rich people and they can buy politicians off. So liberals propose more regulations to try and limit said rich people’s power. Conservatives blame Liberals for creating Big Government, which won’t allow businesses to survive and grow without strong political connections.
So what can be done in order to fix the system? How can we make politicians accountable to the people, not the special interest groups? How can we make the government work for us, not us work for the Government?
I am sure there are no easy answers, but let’s try to put something on the table and start the brainstorming: CLICK HERE