Difference between revisions of "Crony capitalism"
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(Burying crony capitalism: The courts strike a blow for economic freedom) |
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*[[Long-Term Capital Management]] | *[[Long-Term Capital Management]] | ||
*[[Obama donor list]] | *[[Obama donor list]] | ||
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| + | ==External links== | ||
| + | *[http://www.washingtontimes.com/news/2013/apr/5/burying-crony-capitalism/ Burying crony capitalism: The courts strike a blow for economic freedom] - Editorial in the ''[[Washington Times]]'' | ||
[[Category:Economics]] | [[Category:Economics]] | ||
[[Category:Liberalism]] | [[Category:Liberalism]] | ||
Revision as of 13:26, April 8, 2013
Crony capitalism is a liberal and fascistic economic system in which the government picks winners and losers through the use of grants, contracts, loan guarantees, regulations, bailouts and other ways of extending favors to friends while penalizing competitors.