I really hate that term, ‘crony capitalism’. This has nothing to do with capitalism, and it tars this noble concept. We need to come up with a new name for big business and government collusion. The government-favored big business/campaign donors.
FWIW, I have no problem with the term, just the practice :)
“We need to come up with a new name for big business and government collusion. The government-favored big business/campaign donors.”
Corruption is an old name but it fits very well.
Mussolini coined the term "fascism" for that but the word has become a synonym for "tyranny" now.