You are NOT describing capitalism. You pretend as if all of those things is capitalism but capitalism was a term created by Karl Marx. Capitalism is a new term that was created to attack what you wrote, VOLUNTARY EXCHANGE. We have many problems in our world and that includes fascism which may involve monopolies marrying governments. One of the problems we run into is within corporatism. It has to do with power as it corrupts and expands. And you referenced favoritism and possibly other things in defining cronyism and of course favoritism and other things have been around since the dawn of time. When I talked about cronyism, I used the word "ESPECIALLY" to describe an elevation and acceleration in it in the 1930's and I did not write that it started then but that it especially started then or was seen at that time in the 1930's and in a lesser degree in the 1800's and that does not mean it did not exist before that at the same time and yet that depends still at the same time on specific terms. Depends on how you define terms. You can define a term in a general way or in a specific way.