Political Capitalism: How Political Influence Is Made and Maintained

Problems associated with cronyism, corporatism, and policies that favour the elite over the masses have received increasing attention in recent years.

This book explains that what people often view as the result of corruption and unethical behaviour are symptoms of a distinct system of political economy.

The symptoms of political capitalism are often viewed as the result of government intervention in a market economy, or as attributes of a capitalist economy itself.

Randall G. Holcombe combines well-established theories in economics and the social sciences to show that political capitalism is not a mixed economy, or government intervention in a market economy, or some intermediate step between capitalism and socialism.