tonysopranobignaturals-deactiva:
tonysopranobignaturals-deactiva:
OMG I saw this galaxy brained libertarian tiktok that said the US doesn’t have capitalism because there’s greedy monopolists and corrupt politicians. hate to break it to you buddy but that’s the logical conclusion of a profit-motivated, hierarchal economic system called capitalism
thats literally the definition of crony capitalism my bro
which is the logical conclusion of the incentives and structure of capitalism (:
also, the term you’re looking for is “regulatory capture”. it’s a form of corruption, not an economic system.
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