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Free Market Capitalism vs. Crony Capitalism: Unveiling the Key Variations
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Free Market Capitalism vs. Crony Capitalism: Unveiling the Key Variations

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Free Market Capitalism vs. Crony Capitalism: Unveiling the Key DifferencesCapitalism, in its purest type, is usually misunderstood, primarily because of the presence of presidency intervention in at the moment’s economies. The free market, which thrives on voluntary exchanges and restricted authorities interference, is regularly mistaken for “crony capitalism.” This latter system sees heavy authorities involvement, typically to the benefit of specific companies or industries by subsidies, […]

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