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![magattew Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::31541321.png) Magatte Wade [@magattew](/creator/twitter/magattew) on x 53.1K followers
Created: 2025-07-24 21:17:52 UTC

The biggest confusion destroying Africa: people blame capitalism for problems caused by cronyism.

They see businesses succeeding only through government connections and think "this proves capitalism is evil."

But they've never witnessed normal business where you don't need to know politicians to succeed.

What they're seeing isn't free markets.

It's called cronyism, which is actually anti-market.

(Credits: @prageru)

![](https://pbs.twimg.com/amplify_video_thumb/1948492683380498432/img/64rXfRi9NamYUjaX.jpg)

XXXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1948492855195943217/c:line.svg)

[Post Link](https://x.com/magattew/status/1948492855195943217)

[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]

magattew Avatar Magatte Wade @magattew on x 53.1K followers Created: 2025-07-24 21:17:52 UTC

The biggest confusion destroying Africa: people blame capitalism for problems caused by cronyism.

They see businesses succeeding only through government connections and think "this proves capitalism is evil."

But they've never witnessed normal business where you don't need to know politicians to succeed.

What they're seeing isn't free markets.

It's called cronyism, which is actually anti-market.

(Credits: @prageru)

XXXXXX engagements

Engagements Line Chart

Post Link

post/tweet::1948492855195943217
/post/tweet::1948492855195943217