8 ms·

I’m reading “ultra-capitalists” here as “those that control an extreme proportion of capital” rather than “those who believe really strongly in capitalism as a

• 0x3f 8mo ago
  Technically, Venn Diagrams don't show _degree_ of overlap :) Although re your actual point: the current admin only gifts things like this to a chosen few; a small subset of those with extreme capital. So it seems much more appropriate to call it cronyism, or some such thing, rather than capitalism in the sense of merely controlling capital.
  • filoeleven 8mo ago
    Crony capitalism is a well-established term for a reason.
    • 0x3f 8mo ago
      Right, to distinguish it from regular capitalism. Specifically to denote it as not-really-capitalism. _Crony_ is really the operative term.