This is semantics.

> crony capitalism

noun

: an economic system in which individuals and businesses with political connections and influence are favored (as through tax breaks, grants, and other forms of government assistance) in ways seen as suppressing open competition in a free market

> Definition 1: “Crony capitalism is a term describing an economy in which success in business depends on close relationships between business people and government officials. It

may be exhibited by favoritism in the distribution of legal permits, government grants, special tax breaks, or other forms of

state interventionism.”1