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

Capitalism, in its purest type, is usually misunderstood, primarily as a result of presence of presidency intervention in right this moment’s economies. The free market, which thrives on voluntary exchanges and restricted authorities interference, is regularly mistaken for “crony capitalism.” This latter system sees heavy authorities involvement, typically to the benefit of specific companies or industries via subsidies, […]



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