Crony capitalism is where private corporations recruit the government to serve their interests. Many people mistake this for an ill of capitalism. This line of thought often commences after a viewing of one of Michael Moore’s films. And because of the outrageously voluminous occurrences of crony capitalism in the Obama administration, many staunch supporters of Obama then mistake him for someone who no longer cares for Karl Marx and think he somehow “betrayed” them. However,... Read More→