> Most people use capitalism to describe a system where people trade goods and services with as little interference from government as possible.
This is not a real definition. Saying "most people" use the term to mean what you want it to mean in this argument is ridiculous.
Capitalism is a system of private ownership of capital. We live under that system. Anything you see that happens now is the result of that system because it's the one that exists.
There is no such thing as "crony capitalism". What came before crony capitalism? Was it regular capitalism? Did regular capitalism turn into crony capitalism? Or — more likely — is it all one continuous process and system of accumulation?
This is not a real definition. Saying "most people" use the term to mean what you want it to mean in this argument is ridiculous.
Capitalism is a system of private ownership of capital. We live under that system. Anything you see that happens now is the result of that system because it's the one that exists.
There is no such thing as "crony capitalism". What came before crony capitalism? Was it regular capitalism? Did regular capitalism turn into crony capitalism? Or — more likely — is it all one continuous process and system of accumulation?