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Crony in sentence

100 examples of Crony in a sentence

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.
A critique of crony capitalism is as central to the Tea Party as it is to Occupy Wall Street.
But if crony capitalism is, intellectually at least, the easy part of the problem, things get trickier when you look at the economic drivers of surging income inequality.
And that's because, in contrast with crony capitalism, so much of what globalization and the technology revolution have done is highly positive.
One of the things that worries me is how easily what you might call meritocratic plutocracy can become crony plutocracy.
They have produced crony capitalism, American-style, in which the largest financial institutions are the leading financial donors of both parties, and that's the reason why even after this crisis, 70 times larger than the savings and loan crisis, we have no meaningful reforms in any of the three areas that I've talked about, other than banning liar's loans, which is good, but that's just one form of ammunition for this fraud weapon.
Very nice effects and photography, but poor music in the John Williams mold by Burton's crony Elfman.
If there was not outright corruption in the $7 billion in contracts awarded to Halliburton, whose former chairman was Vice President Dick Cheney, there was undoubtedly a strong whiff of crony capitalism.
But the fundamental explanation lies in a crony capitalist system with too many vested interests to maintain.
when the US Treasury and its IMF allies blamed that region's problems on crony capitalism, lack of transparency, and poor corporate governance?
To some, the fact that Enron was not bailed out and the problems uncovered, is testimony to the absence of crony capitalism.
Rather than facing up to the issues, corporate America systematically turns its back - aided and abetted by crony capitalism, American style.
Putin’s Russia is increasingly reminiscent of President Suharto’s Indonesia – an intricate system of crony capitalism without real property rights.
The size of the crony economy is hinted at in the Panama Papers, but even those revelations are just the tip of the iceberg.
Furthermore, uneven protection of property rights – crony capitalism – means that a small number of businessmen are politically favored.
Because the state uses its apparatus to deter competition – both informally, through arbitrary enforcement of property rights, and formally, through trade restrictions – crony capitalism is not only unjust, but also inefficient.
And, to do that, an energetic civil society must demand an end to crony capitalism.
It is no surprise that the results of so simplistic a policy prescription were often illiberal democracy and crony capitalism.
For illiberal democracy and crony capitalism flourish where the institutional framework is lacking or corrupted.
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.
Is it possible to break the cycle of illiberal democracy and crony capitalism?
Already committed to reforming his country’s crony capitalism, he now has a mandate to challenge Merkel’s crisis response.
That would mean further humiliation for ordinary people, who bear the brunt of corruption, as government officials and their crony capitalists continued to siphon off public funds.
But, in the absence of serious political reform, income inequality will widen as crony capitalism sinks its roots more deeply.
By contrast, Trump advocates lower taxes for the wealthy, and seems willing to embrace some form of state capitalism – if not crony capitalism – via protectionist policies and special incentives for companies to manufacture in the US.
There is one more feature of the “one-country, two systems” scheme that has doomed it: China’s deliberate decision to rule Hong Kong through crony capitalists.
But, because their loyalty lies with their backers in Beijing, not the people of the city they administer, Hong Kong’s crony capitalists are bad politicians.
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