Share 'Crony-Capitalism Is As Phony As African-American'
It seems the expression of the day now, the new “gravitas”, in referring to our political/economic system is “crony-capitalism”. This term is such a misnomer that it almost defies explanation. I looked up capitalism in Webster’s Dictionary and the term cannot possibly be partnered with the word “crony”. According to Webster, capitalism is defined as:
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