In many cities, but obviously not all, there is a "old boys network" or the
"old school tie" network, or "mates club" as I've heard it called in
the UK or Australia. This is a group of people who went to the same elite private school
together, or whom had close friends at other elite private schools. This then continued
on when they went to university.

Yes, a similar thing to 'guanxi' in China. I also went to an 'elite' school in the UK, but the only thing it really did for me was to get me onto shortlists for jobs that I applied for shortly after leaving that school.

The 'old school tie' network certainly exists - especially with the 'set' from Oxbridge and Eton - and I have no problem with 'cronyism' up to a point. The problem is that it is often abused and people end up in positions that they are not qualified to hold. In other words, people get jobs because of the fact they were a schoolmate of someone else, rather than on their merits or qualifications. One can only hope that Trump is sensible enough to offer jobs to old 'chums' that are capable of performing their required tasks. Let's not forget that Trump has a long history in the business world and obviously knows a lot of successful people.

Would people complain if he appointed Anthony Robbins or Richard Branson into his cabinet, just because of cronyism?