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'''Crony capitalism''' is a left-leaning economic system which is more like an oligopoly than free enterprise.  In crony capitalism, investments are not based on morality or true free enterprise.  Often in crony capitalism 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.

'''Crony capitalism''' is a [[federal funding|federally funded]]  [[liberal|left-leaning]] economic system which is more like an [[oligopoly]] than [[free enterprise]].  In crony capitalism, investments are not based on [[morality]] or true free enterprise.  Often in crony capitalism the [[big government]] (see [[socialism]] [[fascism]]) picks winners and losers through the use of [[grant]]s, contracts, loan guarantees, [[regulation]]s, [[bailout]]s and other ways of extending favors to [[elitist]] friends or [[bankster]]s while penalizing competitors.

==See also==

==See also==