crony capitalism
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English
Pronunciation
- (General American) IPA(key): /ˈkɹoʊni ˈkæpɪtəlɪzəm/
Audio (General Australian): (file)
Noun
crony capitalism (usually uncountable, plural crony capitalisms)
- (politics, idiomatic) A form of capitalism in which success in business depends on corrupt close relationships with government officials, often implying favouritism.
- Synonym: cronynomics
- Hypernyms: capitalism, cronyism
- 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
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See also
Further reading
crony capitalism on Wikipedia.Wikipedia - “crony capitalism”, in OneLook Dictionary Search.
