Best thing about Hong Kong’s electoral reforms? They strike a blow against crony capitalism

The conventional wisdom is that the Hong Kong people have been totally disenfranchised in their own city and the wealthy elite from Beijing are in control. But a closer look tells a very different story.For a start, it’s certainly not the case that the same old pro-Beijing voices are taking over the electoral process in Hong Kong. About 70 per cent of the 1,247 candidates for the city’s revised Election Committee are new faces, and they are Hongkongers, not northerly folk who have jetted in…