January 2012
4 posts
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This is crony capitalism.
Crony capitalism - a capitalist economy in which success in business depends on close relationships between business people and government officials.
UPDATE/DISCLAIMER: The post at lewrockwell.com I listed as the source has been updated with more information about the origin of these diagrams. They were created by Stephanie Herman and are now accompanied by links to geke.us. I did not create...