“Crony-Capitalism” is a confused term and concept that takes the focus off the REAL problem: THE FEDERAL GOVERNMENT.
Capitalism, which is the free market economy, which is us, you and I , exercising our freedoms of pursuits every day, is our friend. Capitalism works through God-given individual self interest and operates by VOLUNTARY COOPERATION (not “fascism”) between buyers and sellers and makes nations wealthy. Capitalism is how a free America became the wealthiest, most powerful nation on earth
The federal government, on the other hand, which is geared for force and death, is not your friend, and was never meant to be your friend. The federal government has become more than 80% unconstitutional, which IS the definition of tyranny and fascism. Government also works through government self-interest and operates by FORCE, COERCION, AND THREAT OF PRISON OR DEATH and makes nations poor. Government tyranny and control is why most nations under-perfom and the standard of living for the average citizens of these nations is below the average American.
Crony-Capitalism: Privatize the Upside, Socialize the Downside.