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Crony capitalism
01
vriendjeskapitalisme, crony kapitalisme
an economic system where success in business is determined by close relationships between businesspeople and government officials, rather than market competition
Voorbeelden
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.
Critici beweren dat vriendjeskapitalisme de principes van de vrije-markteconomie ondermijnt door prikkels te vervormen en een select groepje te bevoordelen ten koste van de bredere bevolking.
