Capitalism Cronyism Democracy.pdf (245.86 kB)
Capitalism, cronyism, and democracy
journal contribution
posted on 2019-03-15, 14:09 authored by Geoff HodgsonCronyism and corruption are somewhat less common in democratic countries than in non-democratic ones, but statistical correlations don’t settle the question of whether or not free-market economies tend to degenerate into corporate cronyism. More suggestive is the fact that cronyism and corruption existed long before the advent of capitalism, large corporations, and democracy.
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School
- Loughborough University London
Published in
The Independent ReviewVolume
23Issue
3Pages
345 - 355Citation
HODGSON, G.M., 2019. Capitalism, cronyism, and democracy. The Independent Review, 23 (3), pp.345-355.Publisher
Independent InstituteVersion
- AM (Accepted Manuscript)
Publisher statement
This paper was accepted for publication in the journal The Independent Review and the definitive published version is available at https://www.independent.org/publications/tir/article.asp?id=1344.Publication date
2019-01-31ISSN
1086-1653Publisher version
Language
- en
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