| 单词 | crony capitalism |
| 释义 | crony capitalismDefinition An economy that is nominally free-market, but allows for preferential regulation and other favorable government intervention based on personal relationships. In such a system, the false appearance of "pure" capitalism is publicly maintained to preserve the exclusive influence of well-connected individuals. Use 'crony capitalism' in a SentenceI thought we were living in more of a crony capitalism and that the appearance of capitalism was a facade. The outrageous crony capitalism accusation left a bad taste in everyone's mouth who was present during the televised national debate. If you are working in a crony capitalism you need to try and take full advantage of it and get all that you can. |
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