crosm
cro
ˈkroʊ
krow
sm
ˌzəm
zēm
British pronunciation
/kɹˈəʊni kˈapɪtəlˌɪzəm/

“crony capitalism”的英语定义和含义

Crony capitalism
01

裙带资本主义, 关系资本主义

an economic system where success in business is determined by close relationships between businesspeople and government officials, rather than market competition
Wiki
example
例子
Crony capitalism refers to a system where businesses thrive not based on their merit, but on their close relationships with government officials and politicians.
裙带资本主义指的是一种制度,在这种制度下,企业的繁荣不是基于其优点,而是基于其与政府官员和政治家的密切关系。
The prevalence of crony capitalism often leads to unfair advantages for well-connected companies, hindering competition and innovation in the market.
裙带资本主义的盛行往往导致关系良好的公司获得不公平的优势,阻碍市场的竞争和创新。
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