Crony Capitalism or Cronyism are just fancy terms used to describe companies who do the bidding of those in government in order to increase their bottom line. This blurs the line between the private sector and government. Unfortunately many of today’s large corporations, in an attempt to tap into the power and wealth on the Left, willingly embrace progressive issues.
Okay, perhaps(?) it is the corporations job to watch their bottom line, but as this story shows Gillette, a subsidiary of Proctor and Gamble, learned the hard way it would better serve its shareholders, if it listened to its customers-not to the Leftists. To read more click on this link.