there is no difference between a free market and "Croneyism" - what you describe as cronyism is the market acting according to its best interest. Lightly and unregulated - the cable company that becomes a monolith will eat up its competition and price fix with who it cannot buy.
Your perfect "Capitalism" that can't exist except on paper -that is finely balanced has and will never exist. It is just Charles Dickens era industrial age bullshit repackaged.
I understand perfectly. your system is so fragile it can't work with any sort of regulation to ensure even a modicum of protection of the environment, if it does then its crony.
SOCIALISM WORKS FINE ON PAPER IN THEORY BUT NOT IN REALITY! NOW LISTEN TO MY THEORIES ABOUT TRUE FREE MARKET CAPITALISM EVEN THOUGH WE NEVER HAD IT IN REALITY