Capitalism vs. Cronyism

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Capitalism and cronyism are often mistakenly used as interchangeable terms with the former being blamed for the ills of society caused by the latter. Entrepreneurship is capitalism in its purest form but becomes corrupted when special privileges are granted by the government through lobbying and manipulation of public policy.

Problem To Solve: What is the actual meaning of capitalism?

How To Use This Tool

Learn the definitions of capitalism and cronyism. Learn the definitions of capitalism and cronyism.