Cronyism: Undermining Capitalism and Economic Freedom Around the World | The Heritage Foundation

Cronyism: Undermining Capitalism and Economic Freedom Around the World | The Heritage Foundation: "It is common these days for those who feel “exploited by the system” to lash out at capitalism as the cause of their economic woes. When their complaints are examined, however, what stands out is not anger at an actual free-market capitalist system, but frustration with the prospect of an almost insurmountable economic system of privilege based on cronyism. In many parts of the globe, aspiring entrepreneurs, willing to work hard and full of ideas and energy, start out against a stacked deck because they lack political or family connections."