crony capitalism
/ˈkɹoʊni ˈkæpɪtəlɪzəm/
Word Rarity
Rare
Frequency: Zipf frequency 2.71 in modern English
26
Scrabble Score
15
Letters
5
Syllables
12
Unique Chars
Meaning
noun
A form of capitalism in which success in business depends on corrupt close relationships with government officials, often implying favouritism.
Uncountable
Example Sentences
- "While many things can be blamed for the rampant crony capitalism in India (e.g., British imperialism, the License Raj, etc.), we are particularly interested in understanding what role cultural values play in fostering crony capitalism."
Regional Pronunciation
- American English: /ˈkɹoʊni ˈkæpɪtəlɪzəm/