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1. www.merriam-webster.com › dictionary › crony capitalismCrony capitalism Definition & Meaning - Merriam-Webster

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   The meaning of CRONY CAPITALISM is an economic system in which individuals and businesses with political connections and influence are favored (as through tax breaks, grants, and other forms of government assistance) in ways seen as suppressing open competition in a free market.

2. en.wikipedia.org › wiki › Crony_capitalismCrony capitalism - Wikipedia

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   Crony capitalism, sometimes also called simply cronyism, is a pejorative term used in political discourse to describe a situation in which businesses profit from a close relationship with state power, either through an anti-competitive regulatory environment, direct government largesse, and/or corruption.

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     Crony Capitalism Overview with Examples

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     What is Crony Capitalism? | 5 Minute Video

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     Crony Capitalism | What is Crony Capitalism?

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4. dictionary.cambridge.org › crony-capitalismCRONY CAPITALISM | English meaning - Cambridge Dictionary

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   CRONY CAPITALISM definition: an economic system in which family members and friends of government officials and business leaders…. Learn more.

5. www.jagranjosh.com › general-knowledge › what-isWhat is meaning and example of Crony Capitalism? - Jagran Josh

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   Jul 22, 2020 · Crony capitalism means a capitalist society in which the success of the business depends on the nexus between a political class and business class rather a free market and the rule of law. The ...

6. www.collinsdictionary.com › crony-capitalismCRONY CAPITALISM definition and meaning | Collins English ...

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   Derogatory an economic system characterized by mutually beneficial relationships between.... Click for English pronunciations, examples sentences, video.

7. www.hoover.org › research › rise-crony-capitalismThe Rise Of Crony Capitalism - Hoover Institution

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   Feb 11, 2016 · The primary form of corruption in these nations is crony capitalism. In poor countries, businesses cannot be started or maintained without the existence of a close relationship between entrepreneurs and government officials. There is often favoritism in the granting of building and other sorts of permits, government grants, special tax breaks ...

8. People also ask

   What does crony capitalism mean?

   • The meaning of CRONY CAPITALISM is an economic system in which individuals and businesses with political connections and influence are favored (as through tax breaks, grants, and other forms of government assistance) in ways seen as suppressing open competition in a free market. How to use crony capitalism in a sentence.

   Crony capitalism Definition & Meaning - Merriam-Webster

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   What are some examples of crony capitalism?

   • Zingales provides several examples of crony capitalism. Perhaps best known and most important are the housing agencies—Freddie Mac and Fannie Mae. The main benefit to insiders of these agen-cies is the implicit government guarantee of their solvency, which enabled them to borrow at below market interest rates.

   Crony Capitalism - The University of Chicago Press: Journals

   www.journals.uchicago.edu/doi/pdf/10.1086/686474

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   Is crony capitalism an optimal solution?

   • It is not an optimal solution, but may be the best attainable. This situation may apply to some of what is called “crony capitalism.” The U.S. economy is rife with inefficient interventions—laws, regulations, taxes and subsidies that lead to inefficient markets.

   Crony Capitalism - The University of Chicago Press: Journals

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   What is retail crony capitalism?

   • Retail crony capitalism refers to individualized, generally non-systemic expressions of corruption such as awarding jobs or university admission to people based on connections rather than on merit. Wholesale crony capitalism refers to group-focused systemic expressions of corruption.

   The Rise Of Crony Capitalism - Hoover Institution

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   Is crony capitalism a problem of poor nations?

   • We may think that corruption is a problem of poor nations, but there is a great deal of crony capitalism in the United States. Affirmative action is one form of wholesale corruption that is prominent in the United States.

   The Rise Of Crony Capitalism - Hoover Institution

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   What is wholesale crony capitalism?

   • Wholesale crony capitalism refers to group-focused systemic expressions of corruption. A textbook example of wholesale crony capitalism in Vietnam is the practice of employing only party members and their family members and associates to government jobs or to jobs in state-owned enterprises.

   The Rise Of Crony Capitalism - Hoover Institution

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9. www.journals.uchicago.edu › doi › pdfCrony Capitalism - The University of Chicago Press: Journals

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   Crony capitalism is another name for rent-seeking. Mancur Olson’s famous work was a discussion of the increasing cronyism of an economy over time. 3 Olson blamed crony capitalism for the decline of nations. Guilds in medieval and modern times (until about 1800) are another example of what is now called crony capitalism.4 “Guilds