Cari
crony capitalism
/kɹˈoʊni kˈæpɪɾəlˌɪzəm/
/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
Crony capitalism refers to a system where businesses thrive not based on their merit, but on their close relationships with government officials and politicians.
Kapitalisme kroni mengacu pada sistem di mana bisnis berkembang bukan berdasarkan merit mereka, tetapi pada hubungan dekat mereka dengan pejabat pemerintah dan politisi.
The prevalence of crony capitalism often leads to unfair advantages for well-connected companies, hindering competition and innovation in the market.
Prevalensi kapitalisme kroni sering mengarah pada keuntungan tidak adil bagi perusahaan yang memiliki koneksi baik, menghambat persaingan dan inovasi di pasar.
