Corporate fascism is, at its core, government management of each of the several economic sectors in a nation’s economy—agricultural, manufacturing, technology, communications, transportation, and so on. This management is executed by government through otherwise privately controlled business entities. De facto corporatism also is useful for reducing opposition and rewarding political loyalty.

Crony capitalism, on the other hand, is government influence of individual businesses in a nation’s economy—agribusinesses, automobile companies, alternative energy companies, telecommunications companies, and so on. Crony capitalism also is useful for reducing opposition and rewarding political loyalty.

How is crony capitalism different from corporate fascism? So far, the individual cronies can choose whether or not to play according to their government benefactors’ rules. So far.