You can call this sort of thing by many names: nepotism, state capture, corruption. But if you so choose, you can also describe it in positive terms: it represents the end of the hateful notions of meritocracy, political competition, and the free market, principles that, by definition, have never benefited the less successful. A rigged and uncompetitive system sounds bad if you want to live in a society run by the talented. But if that isn’t your primary interest, what’s wrong with it?
