Cari
crony capitalism
/kɹˈəʊni kˈapɪtəlˌɪzəm/
Crony capitalism
01
kapitalisme kroni, kapitalisme teman
an economic system where success in business is determined by close relationships between businesspeople and government officials, rather than market competition
Contoh-contoh
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.
Para kritikus berpendapat bahwa kapitalisme kroni merusak prinsip-prinsip ekonomi pasar bebas dengan mendistorsi insentif dan mengistimewakan beberapa orang terpilih dengan mengorbankan populasi yang lebih luas.
