%A Idowu, Aluko Opeyemi %D 2017 %T Political Economy of Crony Inequality among Nations: A Study on Capitalism and Socialism %K Capitalism, Crony Inequality, Marxism, Socialism, Relative Deprivation, Political Economy %X All over the world, the economy system of states revolve around capitalism, socialism and mixed economy . In most cases, capitalism had embalmed the economy of nations turning governments against the people, employers against the workers all in the name of surplus values and profiteering motives . Although capitalism had made economies of nations to grow but it is at the expense of the masses interest . The review of most government policies reveals a shift to accommodate inequalities in the economy systems . This research reveals the level of inequality in economic system of nations . What are the impacts of these profiteering motives on the economy? The methodology adopted is the survey analysis of institutional database of economy records of different regions in the world . The theoretical frameworks of deprivation theory coupled with Marxian theory were used to analyse the political economy of crony inequality of capitalism and socialism among nations . The conclusion is based on the level of positive impact the economy system has despite the inequality it creates in the polity . %U https://www.journal.nu.ac.th/JCDR/article/view/1817 %J Journal of Community Development Research (Humanities and Social Sciences) %0 Journal Article %P 25-36%V 10 %N 2 %@ 2985-0231 %8 2017-06-02