Difference between revisions of "Crony capitalism"
Jump to navigation
Jump to search
m (see) |
|||
| Line 1: | Line 1: | ||
| − | '''Crony capitalism''' is a [[liberal]] and [[fascist]]ic economic system in which the government picks winners and loosers in the economic | + | '''Crony capitalism''' is a [[liberal]] and [[fascist]]ic economic system in which the government picks winners and loosers in the economic systen through the use of grants, contracts, loan guaranees, regulations, [[bailout]]s and other ways of extending favors to friends while penalizing competitors. |
==See also== | ==See also== | ||