Look around, and you’ll see both physical and social change in our small city. What, then, might lead someone to insist that nothing in Whitewater seems to have changed in a generation? Well, perhaps if someone spent a really long time living underground in a bomb shelter. Even then, though, one would expect that…
Culture
City, Corporate Welfare, Culture, Economy, Local Government
Is this the city that you had in mind?
by JOHN ADAMS • • Comments
Consider this working definition of crony capitalism: Crony capitalism is a term describing an economy in which success in business depends on close relationships between business people and government officials. It may be exhibited by favoritism in the distribution of legal permits, government grants, special tax breaks, or other forms of state interventionism. Crony capitalism…