Category: Opinion
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MODI+ADANI: The Great Oligarch
1. Defining Crony Capitalism Crony capitalism generally denotes an economic system where business success hinges on close relationships with government rather than on market competition. Formally, it is “a form of corruption wherein private parties…
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MODANI: The Ideal Case of Crony Capitalism
“Power does not corrupt men; fools, however, if they get into a position of power, corrupt power.” — George Bernard Shaw Introduction: A Symbiosis Disguised as a Success Story There is a general narrative…