Cronyism is what happens if capitalism gets poisoned with weak money.
#Bitcoin will get us back to capitalism.
Discussion
Capitalism is good?
Yes
Yes, it’s the only sustainable way of resource allocation. but make no mistake and think we are currently running capitalism:
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Capitalism sucks badly, it just brings disparity
We’ve all been hurt by the fiat system, I’ve seen a lot of pain and loss that could have been prevented by sound money, by accountability.
As it stands today I understand this version of corrupt capitalism is terrible. But it’s important to “know your enemy”.
Fiat is the enemy, political money will corrupt anything it touches, Including capitalism or any other economic structure.
Regardless of what system of distribution we decide to use, we must first kill fiat if we are to have any hope at all.
Agreed.
Sadly many people who do not understand economics don’t understand that the money we use is the issue and not capitalism.
Cronyism thrives on partiality and undermines justice. In the face of such negativities, we must uphold principles of merit, integrity, and fairness, striving for a society where favoritism yields to the genuine merit of individuals.