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Wednesday, February 20, 2019

Cronyism, Free World Markets, Personal Liberties Worldwide and Commerce Exchange

Cronyism exists within industries themselves, these are yes people and people that kiss ass at the top in whatever matter that may be, as corporations form alliances, or even merge together in the hopes of decimating the competition, which should be regulated to prevent monopolies that keep prices low for the worldwide consumer. This isn't the cronyism most people concern themselves with, even though a market without it would mean lower prices for them as consumers.  The bigger concern for most people is cronyism between private corporations and public servants. which is called lobbying. This is one of the big inherent problems with any government, but that is what a politician is, follow the money, and you will find the puppet of corporate influence,  whether it seeks to foster, nationalism, religion in governments, protectionism, isolationism, fascism, capitalism, socialism, or communism.  When government intervenes in the free market of capitalism, there's a potential for competition to be reduced, but where money flows, so is the power in it. This takes control away from what Adam Smith described as the invisible hand of the market. A world free market that is driven by worldwide consumers, with very little regulation, void of wars, conflicts, religious suppression of human liberties, nationalism, Nazism, communism, Islamic governments, isolationism, prohibition would be ideal   

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