crony capitalism

noun
/ˈkɹoʊni ˈkæpɪtəlɪzəm/US

Definitions

  1. A form of capitalism in which success in business depends on corrupt close relationships…

    A form of capitalism in which success in business depends on corrupt close relationships with government officials, often implying favouritism.

    • 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.

The neighborhood

Vish — recursive loop

No curated loop yet for crony capitalism. Loops are being traced one word at a time while the ingestion pipeline matures.

sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA