Meaning of crony capitalism | Babel Free
ˈkɹoʊni ˈkæpɪtəlɪzəmDefinitions
A form of capitalism in which success in business depends on corrupt close relationships with government officials, often implying favouritism.
Equivalents
Español
capitalismo de amiguetes
Suomi
kaverikapitalismi
Italiano
capitalismo clientelare
Português
corporativismo
Русский
кумовской капитализм
Examples
“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.”
CEFR level
B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
This word is part of the CEFR B2 vocabulary — upper intermediate level.
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