Republican operatives like to suggest a false duality: if you aren't for capitalism you must be a socialist or a communist.
The Occupiers aren't against capitalism, per se, they are against the perverted version of capitalism we have in the US.
Crony capitalism is a term describing a capitalist economy in which success in business depends on close relationships between business people and government officials. It may be exhibited by favoritism in the distribution of legal permits, government grants, special tax breaks, and so forth. Crony capitalism is believed to arise when political cronyism spills over into the business world; self-serving friendships and family ties between businessmen and the government influence the economy and society to the extent that it corrupts public-serving economic and political ideals.
What can be done to curb crony capitalism. We could reform the political system so that there are national plebiscites to make the country more democratic.
We could tax the income, capital gains and the estates of the affluent to reduce their political influence.
Of course, we would be in a perpetual cat fight with the GOP.
Since we are there already, who cares!
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