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Ontario and Michigan promoting crony capitalism together
In the summer, Ontario Premier Kathleen Wynne and Michigan Governor Rick Snyder signed an agreement to jointly promote the automotive industries of Michigan and Ontario. This type of selective government meddling in the economy is a bad ...
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Crony capitalism alive and well in Ontario
Oxford defines “crony capitalism” as an “economic system characterized by close, mutually advantageous relationships between business leaders and government officials.” Crony capitalism has been justifiably denounced by a diverse array ...