Crony in example sentence

Crony capitalism can be understood as a system, which, though based on some market relations and private ownership, fails to respect such important rules as the enforce-ability of law, free and fair competition, equality of opportunity, protection of ownership, transparency, and public control.

More example sentences with word crony

A lot of these political factors can be broadly lumped under the category of "crony capitalism," political changes that benefit a group of well-connected insiders but don't actually do much good for the rest of us.

In practice, getting rid of crony capitalism is incredibly difficult.

But while getting rid of crony capitalism in practice is really, really hard, at least intellectually, it's an easy problem.

After all, no one is actually in favor of crony capitalism.

All example sentences