“All capitalism is crony capitalism”
According to the definition of Encarta encyclopedia:
“Enrichment of well-connected: the flow of wealth to a small group of people who are already wealthy and well connected”
http://encarta.msn.com/dictionary_561538450/crony_capitalism.html
I agree with this sentence because this is what we are living in Colombia where rich people are getting richer and poor people are getting poorer. Wealth is concentrated in a small group of entrepreneurs who through his contacts with other powerful individuals, influence trade and the environment in which they operate makes remain them in “crony capitalism"
I agree with this sentence because this is what we are living in Colombia where rich people are getting richer and poor people are getting poorer. Wealth is concentrated in a small group of entrepreneurs who through his contacts with other powerful individuals, influence trade and the environment in which they operate makes remain them in “crony capitalism"
“Banana Republic”
According to the definition of Encarta encyclopedia:
Small dictatorship: a small country with an unstable government and an economy dependent on the export of a single product or on outside financial help (disapproving)
http://encarta.msn.com/encnet/features/dictionary/DictionaryResults.aspx?lextype=3&search=Banana%20Republic
The author compares it to India because this country is experiencing an internal corruption that is affecting the most vulnerable community. Moreover, corporations like “Radiation Tapes” are manipulating and driving this country and it is evidenced in the administrations of licenses and the power used to launch the candidates of their choice.
The problem that “the Media” become a corporation is first of all because the Media have the power over the flow of information and the type of information and it reaches anywhere in the world. Today we can see that the Media is a big influence of mass people and also of public opinion and this can be managed for the benefit of a few.
It is considered unethical for journalists to misuse of information and its manipulation to convey to the masses present concepts. And for the State to enable that corporations are those with the power to govern and to choose the representative who corrupts the administration of certain state institution.
The state is the main engine of a country if this becomes corrupt it ends with all the performance of a nation,; on its way so it is necessary to create awareness of working for a better country and collective benefit.
Encourage the community to exercise their right to vote because we are a democratic country where everyone must ensure the proper development of the nation supporting policies that help improve the current condition of the country.
It is also very important that the education be a tool in the development of a nation because it provides the rationality is needed to avoid getting bad influences.
Information should be direct by a body and not influenced neither by a Corporation nor by the State in order to ensure accuracy and transparency.
The law should be stronger in order to ensure their inviolability and the respect of the corporate management.
The author compares it to India because this country is experiencing an internal corruption that is affecting the most vulnerable community. Moreover, corporations like “Radiation Tapes” are manipulating and driving this country and it is evidenced in the administrations of licenses and the power used to launch the candidates of their choice.
The problem that “the Media” become a corporation is first of all because the Media have the power over the flow of information and the type of information and it reaches anywhere in the world. Today we can see that the Media is a big influence of mass people and also of public opinion and this can be managed for the benefit of a few.
It is considered unethical for journalists to misuse of information and its manipulation to convey to the masses present concepts. And for the State to enable that corporations are those with the power to govern and to choose the representative who corrupts the administration of certain state institution.
The state is the main engine of a country if this becomes corrupt it ends with all the performance of a nation,; on its way so it is necessary to create awareness of working for a better country and collective benefit.
Encourage the community to exercise their right to vote because we are a democratic country where everyone must ensure the proper development of the nation supporting policies that help improve the current condition of the country.
It is also very important that the education be a tool in the development of a nation because it provides the rationality is needed to avoid getting bad influences.
Information should be direct by a body and not influenced neither by a Corporation nor by the State in order to ensure accuracy and transparency.
The law should be stronger in order to ensure their inviolability and the respect of the corporate management.
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