Don’t Turn to This Clown Cronyism. Or Crony Capitalism. It’s actually Crony Socialism - because it actually has nothing to do with capitalism. Crony Socialism is not an unfettered free market where the best ideas and companies win. It’s the government warping and distorting the market: favoring with absurdly tilted policies some ideas and companies - and thus inherently dis-favoring everyone else in said sector.