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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 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.  

"Infrastructure" legislation, such as that considered in August 2021, is stuffed with crony capitalism such as its $7.5 billion to pay for charging stations for [[Electric Vehicle]]s, when the [[free market]] pays for gas stations.

"Infrastructure" legislation, such as that considered in August 2021, is stuffed with crony capitalism such as its $7.5 billion to pay for charging stations for [[Electric Vehicle]]s, when the [[free market]] pays for gas stations.