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'''Crony capitalism''' is a [[liberal]] and [[fascist]]ic economic system in which the government picks winners and losers through the use of grants, contracts, loan guarantees, regulations, [[bailout]]s and other ways of extending favors to friends while penalizing competitors.

'''Crony capitalism''' is a [[liberal]] and [[fascist]]ic economic system in which the government picks winners and losers through the use of grants, contracts, loan guarantees, [[regulation]]s, [[bailout]]s and other ways of extending favors to friends while penalizing competitors.

==See also==

==See also==