Crony capitalism is not new to the US.
It’s been around since the 1850’s. It’s visceral in American business.
Of course it has, and it's not something that only happens in the US. But that said, the US has never seen such fascist control of business and labor by government as we're seeing today. Something far worse than the minor cronyism we've experience in our past.
Today, America's money, defense, manufacturing, healthcare, policing, morals, infrastructure, benevolence, and even reliance on God, have all been injured, and in some cases, almost completely destroyed by our runaway government in collaboration with multinationals.