n. Crony capitalism is a colloquial term describing a "market economy" in which success in business depends on close relationships between business people and government officials. It may be exhibited by favoritism to connected businesses in the distribution of legal permits, government grants, special tax breaks, and so forth. This favoritism is rewarded by campaign contributions or outright kickbacks to politicians or their supporters. As such, it creates an oxymoron of sorts, in that success of a business in a free market (capitalism) does not depend on free-market forces. It is also a obvious source of corruption of both business and government.
In the United States, Fannie Mae and Freddie Mac are examples of Crony Capitalism. Government backing let Fannie and Freddie dominate mortgage underwriting. The politicians created the mortgage giants, which then returned some of the profits to the politicians - sometimes directly, as campaign funds; sometimes as "contributions" to favored constituents.
by Dan Weyandt October 5, 2011
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Person A: Hey look, there is a trans man in the new Gillette commercial!
Person B: Don't get your hopes up, it's just rainbow capitalism
Person B: Don't get your hopes up, it's just rainbow capitalism
by vejtics June 2, 2019
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A progression of the capitalist system that ensures more people are capitalists; essentially making the business owners and bosses the workers and in other ways ensuring mass profits for all.
Are you a Socialist? No, I’m a Super Capitalist.
Vaush and Chomsky are components of Super Capitalism.
Vaush and Chomsky are components of Super Capitalism.
by Ketamoid Yoda January 1, 2021
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by Impalement June 2, 2019
Get the Rainbow Capitalism mug.1. anti-capitalism capitalism
noun
a political ideology in which one is a capitalist but also is an anti-capitalist.
• one proposed idea for the praxis of anti-capitalism capitalism is exploiting the loopholes of capitalism to make it collapse from the inside.
• a common meme form of praxis is when one simply buys capitalism for the sole purpose of destroying it right afterwards.
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2. anti-capitalism capitalist
noun
noun: anti-capitalism capitalist; plural noun: anti-capitalism capitalists
someone who supports and/or advocates for anti-capitalism capitalism.
noun
a political ideology in which one is a capitalist but also is an anti-capitalist.
• one proposed idea for the praxis of anti-capitalism capitalism is exploiting the loopholes of capitalism to make it collapse from the inside.
• a common meme form of praxis is when one simply buys capitalism for the sole purpose of destroying it right afterwards.
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2. anti-capitalism capitalist
noun
noun: anti-capitalism capitalist; plural noun: anti-capitalism capitalists
someone who supports and/or advocates for anti-capitalism capitalism.
1.
“Hey, have you heard of this new ideology? It’s called anti-capitalism capitalism.”
“Isn’t that an oxymoron?”
“Absolutely not. You’re the moron for thinking that it is.”
2.
“What are your political leanings?”
“Me? I don’t know where my views would fit in. I’m an anti-capitalism capitalist.”
“Hey, have you heard of this new ideology? It’s called anti-capitalism capitalism.”
“Isn’t that an oxymoron?”
“Absolutely not. You’re the moron for thinking that it is.”
2.
“What are your political leanings?”
“Me? I don’t know where my views would fit in. I’m an anti-capitalism capitalist.”
by anti-capitalism capitalist May 4, 2021
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An economic system based on private ownership in which the major goal is to obtain profit. A free market economy.
by Gavrik July 18, 2005
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