| − | '''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. | + | '''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 guaranees, regulations, [[bailout]]s and other ways of extending favors to friends while penalizing competitors. |