Noun
A crone.
An intimate companion; a familiar frend
Source: Webster's dictionaryAccording to her, India's corporate success is not a product of crony capitalism, but because India is no longer under the influence of crony socialism. Source: Internet
Burton W. Folsom, Jr. distinguishes those that engage in crony capitalism—designated by him "political entrepreneurs"—from those who compete in the marketplace without special aid from government, whom he calls "market entrepreneurs". Source: Internet
In its lightest form, crony capitalism consists of collusion among market players which is officially tolerated or encouraged by the government. Source: Internet
Because rigging involves many steps, it creates a pattern of corruption that might be easier to detect than the corruption involved in completely shutting down an investigation of the crony under the guise of prosecutorial discretion. Source: Internet
’s speech at the ground-breaking ceremony of various projects in Uttar Pradesh was at once a celebration of the crony capitalism he is often accused of and a denigration of every entity that resists it. Source: Internet
I know you are anxious to appoint a friend or political crony to replace Patti, but this is a great opportunity to show everyone how you keep your campaign promises for open and ethical government. Source: Internet