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Comment Re:Old business doesn't want new business (Score 1) 217

A good old guy going to business with another good old guy he is confident of.

First off, that's not crony capitalism, that's capitalism. Crony Capitalism is where businesses depend on the government, rather than competing in the free market. There is plenty of this in the US right now.

So when the OP said:

VC money is better spent on patent trolls and companies they can sell for a quick profit.

Patent trolls are indeed a function of crony capitalism.

As if there were any other.

While you can perhaps argue that there has never been a pure capitalist state, you can eliminate things like the bailouts and the possibility for patent trolls, to go a long ways towards that pure capitalism.

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