Crony capitalism Meaning in English
expression
Definition
An economic system where business success depends on close relationships between business people and government officials, rather than fair competition.
Usage & Nuances
This term is often critical and used in political or economic discussions. It's informal, sometimes used to accuse governments or businesses of corruption or favoritism. Don't confuse it with 'capitalism' alone—it specifically implies unfair advantages.
Example Sentences
Many people say that crony capitalism hurts the economy.
basic
Crony capitalism makes it hard for new companies to succeed.
basic
Some people blame government problems on crony capitalism.
basic
The rich kept getting contracts because of crony capitalism and not real competition.
natural
People are frustrated with all the crony capitalism in their country.
natural
If the government doesn't stop crony capitalism, the gap between rich and poor will only get wider.
natural