Free Market Capitalism vs. Crony Capitalism: Unveiling the Key Differences

Capitalism, in its purest kind, is usually misunderstood, primarily because of the presence of presidency intervention in immediately’s economies. The free market, which thrives on voluntary exchanges and restricted authorities interference, is continuously mistaken for “crony capitalism.” This latter system sees heavy authorities involvement, typically to the benefit of specific companies or industries by way of subsidies, […]



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