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concept

Crony capitalism

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Economic system where business success depends on close relationships between business people and government officials, used to describe NBA trade dealings

Mentions (1)
"We're witnessing the NBA's version of crony capitalism. This league which is supposedly based on fair competition has become a backroom deal-making machine. The rich get richer and small-market teams exist only to serve the elite."
The Luka trade is a portent of what's to come for this country. · u/Living_Copy3621 · ↑212 · 2025-02-04
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