Hacker News new | ask | show | jobs
by kortilla 2113 days ago
That’s an example of government failure, not a failure of capitalism. The government is banning the easy installation from competitors.
1 comments

And who is it that lobbies the government for favorable laws and treatment?

Almost like we... Live under a system that rewards and encourages that behavior.

Cronyism exists in all political systems. Doesn't matter whether it is a monarchy, dictatorship, socialist democracy, federal republic - it's always a concern.

But, cronyism is not capitalism. It's actually a subversion of capitalism.