Capitalism in different countries, explained with cows.
Who knew cows could be so informative?
The essence of crony-capitalism is of course the merger of state and corporate power.
There are two sets of laws, one for the non-elites and one for cronies, and two kinds of capitalism: the free-market variety for small businesses that are unprotected by the state and the crony variety for corporations, cartels and state fiefdoms protected by the state.
Since crony-capitalism is set up to benefit parasitic politicos and their private-sector cartel benefactors, reform is impossible.
Even the most obviously beneficial variety of reform–for example, simplifying the 4 million-word U.S. tax code–is politically impossible, regardless of who wins the electoral equivalent of a game show (i.e. Demopublicans vs. Republicrats).
“If you want to tell people the truth, make them laugh, otherwise they’ll kill you.” ― Oscar Wilde