The word 'crony' is correct and is commonly used in written English.
It is typically used to refer to a close friend or companion, especially one who is involved in dishonest or unscrupulous activities. Example: The corrupt politician was surrounded by a group of crony businessmen who helped him in his illegal schemes.
The opposition says the system has failed the people it was aimed at helping and created a class of crony businessmen dependent on the government.
His libertarianism, if implemented, would be nothing short of a social and economic disaster; but his critique of crony capitalism – of the fusion between corporate interests and the state – is one many on the left could easily identify with.
Despite sharp differences over the pace and depth of the cuts, there is actually a growing consensus between the parties on the need to support business and to curb the excesses of crony capitalism.
But in the name of equal opportunity, progressives need to hack away at unnecessary privileges (like university places for children of alumni) and wage war on crony capitalism.
Not for America the "crony capitalism" of Asia or the egalitarianism of Europe.
He has begun to speak out, accusing the government of "closing in on itself and its inner circle" and promoting "crony capitalism" from which its supporters would profit.Mr Lavagna says he will not decide until next year whether or not to stand against Mr Kirchner.
Norman Ornstein seems to make two; when he blames crony capitalism on "the mania for privatization, and the willingness of politicians to pander to antigovernment sentiment", it doesn't sound like he's chiefly blaming Democrats.But my colleague isn't really accusing Democrats of being more prone to crony capitalism than Republicans.
In too many parts of emerging Asia, including China and India, crony capitalism remains the order of the day.
But Mr Voronin's crony-capitalist approach has kept the economy backward.
Rampant corruption, crony-capitalism or a weak banking system are minor annoyances compared with the fact that too many Russians are simply living in the wrong places for the economy to work properly.
In South Korea, Japan and South-East Asia the banking systems used to be too close to industrial firms, encouraging crony-lending.
