Crony Capitalism 101: The World Bank on Cement
Feyi Fawehinmi

Its like a narrow road with deep gutters on both sides… Completely free markets are not-competitive for local manufacturers leading to a poverty trap by capital flight… overload-monopolies as described are also unfavorable for the little guy.. there must be a balance… I’m not against monopolies but the must be creative monopolies that stay miles ahead as a result of innovation..

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