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Crony capitalism
01
capitalismo de compadres, capitalismo de amiguetes
an economic system where success in business is determined by close relationships between businesspeople and government officials, rather than market competition
Ejemplos
Critics argue that crony capitalism undermines the principles of free-market economics by distorting incentives and favoring a select few at the expense of the broader population.
Los críticos argumentan que el capitalismo de compadres socava los principios de la economía de mercado libre al distorsionar los incentivos y favorecer a unos pocos selectos a expensas de la población en general.
