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