crony economy

基本解释

As the best-known patriarch among the ruling families that dominate the Mexican economy, he draws the most fire for the distinctly Mexican form of crony capitalism that pervades the national economy.
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The economy bears more than a little resemblance to the crony capitalism that sprouted from the wreck of the Soviet Union.
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Conversely, it is the ambitious opportunities for crony capitalism that fade into obscurity because a closed-loop bitcoin economy not requiring meatspace exchanges would emerge and accelerate.
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