Difference between revisions of "Crony capitalism"
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*[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]]'' | *[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]]'' | ||
| + | {{Template:Economic preparedness topics}} | ||
| − | [[Category: | + | [[Category : Economic Preparedness]] |
| − | [[Category:Liberalism]] | + | [[Category : Threats]] |
| + | [[Category : Fascism]] | ||
| + | [[Category : Liberalism]] | ||
| + | [[Category : Economics]] | ||
Revision as of 23:42, February 21, 2015
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, regulations, bailouts and other ways of extending favors to friends while penalizing competitors.
See also
External links
- Burying crony capitalism: The courts strike a blow for economic freedom - Editorial in the Washington Times
