In my view, crony capitalism is one of the major underlying causes of current anti-ELAB and anti-government protests, and without any doubt, Hong Kong is the undisputed king of crony capitalism.
How can the Hong Kong government end crony capitalism?
(1) HK government should stop selling lands to the highest bidders.
(2) Profit tax set at 40 to 45% for all property developers.
(3) Capital Gain Tax for real estate transactions (but not for the stock market)
(4) resinstate Rent Control
(5) use the Land Resumption Ordinance to acquire private lands more aggressively
(6) Use Competition Commission to break up the four largest developers
(7) none of the above, please specify