Crony capitalism – a capitalist economy in which success in business depends on close relationships between business people and government officials.
UPDATE/DISCLAIMER: The post at lewrockwell.com I listed as the source has been updated with more information about the origin of these diagrams. They were created by Stephanie Herman and are now accompanied by links to geke.us. I did not create or alter this graphic from the original post at lewrockwell.com.
