crony capitalism

English

Pronunciation

(General American) IPA^(key): /ˈkɹoʊni ˈkæpɪtəlɪzəm/
Audio (AU) (file)

Noun

crony capitalism (usually uncountable, plural crony capitalisms)

(politics, idiomatic) A form of economy in which success in business depends on close relationships with government officials, often implying favouritism.
Synonym: cronynomics

Hypernyms: capitalism, cronyism

Coordinate term: free market
- 2017, Naresh Khatri, Abhoy Ojha, Crony Capitalism in India: Establishing Robust Counteractive Institutional Frameworks, Springer (→ISBN), page 118:
  While many things can be blamed for the rampant crony capitalism in India (e.g., British imperialism, the License Raj, etc.), we are particularly interested in understanding what role cultural values play in fostering crony capitalism.

Translations

form of economy

Chinese:
Mandarin: 權貴資本主義, 权贵资本主义 (quánguì zīběnzhǔyì), 裙帶資本主義, 裙带资本主义 (qúndài zīběnzhǔyì)
Finnish: kaverikapitalismi

German: Nepotismus (de) m, Vetternwirtschaft (de) f, Cousinenwirtschaft f (involving females)
Italian: capitalismo clientelare m
Portuguese: corporativismo (pt) m
Spanish: capitalismo de amiguetes m

See also

Further reading

crony capitalism on Wikipedia.Wikipedia
crony capitalism at OneLook Dictionary Search

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