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Replying to Avatar inpc

Same, I'm still not sure how free markets fix crony capitalism? I try learning as much as I can, I'm not exactly pro government, I've seen some of the corruption up close. I don't understand how folks don't become corrupt once the amass vast amounts of wealth, no one, to my mind, has solved the psychopath problem.

1% of humans are of that type and they appear all over the place, in government and in business. I try to keep an open mind but I've yet to find someone frame it in these terms.

Perhaps I need to read Hayek or something? He always comes across like a massive kill joy though.

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arnaudom 1y ago

Crony capitalism exists because state has too much power over people's life. I think that a state with little power reduces crony capitalism development.

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