Difference between revisions of "Crony capitalism"
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| − | '''Crony capitalism''' is a [[liberal]] economic system in which the government | + | '''Crony capitalism''' is a [[liberal]] and [[fascist]]ic economic system in which the government picks winners and loosers in the economic ssten through grants, contracts, loan guaranees, regulations, or [[bailout]] and other forms of extending favors to friends while penalizing competetiors. |
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| + | ==See also== | ||
| + | *[[General Motors]] | ||
| + | *[[Solyndra]] | ||
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[[Category:Economics]] | [[Category:Economics]] | ||
[[Category:Liberalism]] | [[Category:Liberalism]] | ||