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The word crony first appeared in 17th-century London, according to the Oxford English Dictionary; it is believed to be derived from the Greek word χρόνιος (chronios), meaning ' long term '. [4] A less likely but oft-quoted source is the supposed Irish term Comh-Roghna, which translates as ' close pals, mutual friends '. [citation needed]
Crony capitalism, sometimes also called simply cronyism, is a pejorative term used in political discourse to describe a situation in which businesses profit from a close relationship with state power, either through an anti-competitive regulatory environment, direct government largesse, and/or corruption. [1]
crony journalism Reporting that ignores or treats lightly negative news about the friends of a particular reporter. [3] crosshead. Also cross-head. A word or short phrase in larger type used to break up long columns of text, often a fragment of a strong quote from the paragraph which follows. [2] curtain raiser
[dubious – discuss] [citation needed] They can also be found in liberal democracies with crony capitalism. [citation needed] Lack of oversight can be caused or exacerbated by the ability of the kleptocratic officials to control both the supply of public funds and the means of disbursal for those funds. [citation needed]
This is differentiated from more contemporary notions of state capture by specific business interests for the benefit of those specific businesses and not the ruling class or capitalist system as a whole, which is variously referred to as crony capitalism or corporatocracy. [5]
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Amanda Bynes has embarked on a weight loss journey and she’s eager to share her results. Bynes, 38, took to Instagram Stories on Tuesday, November 5, to share a screenshot of her day’s total ...