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Capitalism Quote by Anatoly Chubais

“The kind of capitalism I hate most is crony capitalism, the friends who decide. These are things which should be killed in Russia.” quote by Anatoly Chubais
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“The kind of capitalism I hate most is crony capitalism, the friends who decide. These are things which should be killed in Russia.”

Anatoly Chubais

About This Quote

Source Speech: Interview on Russian economic reforms, 1990s

Critiques a capitalism where political connections, market success, undermining fairness and competition.

In simple terms: Friendship over merit harms economies.

Key Takeaway

Promote transparent, merit‑based markets.

Themes

economics politics corruption fairness

Mood

cautious critical

Type

political economic

When to use this quote

  • business regulation
  • government contracts
  • foreign investment
  • anti‑corruption reforms

Key Concepts

cronyism rent‑seeking elite capture

Questions to Reflect On

  • How can societies break the link between power and profit?
  • What safeguards prevent cronyism?
A Different Perspective

Such systems can persist despite reforms, due to entrenched interests.

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