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This is crony capitalism.

ldsgeek:

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 or alter this graphic from the original post at lewrockwell.com.

(via theunconquered1)

Source: lewrockwell.com

  • 4 months ago > theunconquered1
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    Crony capitalism - a capitalist economy in which success in business depends on close relationships between business...
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    There will always be the people pulling the strings…
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