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Crony capitalism. "Crony capitalism is an economy in which businesses thrive not as a result of risk taken for them, but rather, as a return on money amassed t
by a_d 9y ago
Crony capitalism.
"Crony capitalism is an economy in which businesses thrive not as a result of risk taken for them, but rather, as a return on money amassed through a nexus between a business class and the political class."
https://en.wikipedia.org/wiki/Crony_capitalism https://en.wikipedia.org/wiki/Crony_capitalism
(exactly what I explained in a separate comment on this thread :-))
- romwell 9y agoSo, Capitalism.