corporatism

What is Cronyism?

Source: misesmedia YouTube channel.

 

Activists blame “capitalism” for the world’s biggest problems, like the high costs of healthcare. Some even argue that economics itself is simply propaganda for businesses to exploit workers. Government schools often celebrate regulations, subsidies, and other interventions, because they protect consumers against “exploitative” businesses and capitalist “greed.”

 

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Ayn Rand - Don't Confuse the Two Kinds of Capitalism

Ayn Rand explains that there are two types of capitalists in America and only one reveres the free market.

Source: LibertyPen YouTube channel.

 

Transcript:

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