I think that's called cronyism which is a specific form of capitalism in which government and business colude to get what's in there best interest and not the citizens, there are forms of capitalism that don't permit such corruption were government are business are more separated

I admittedly think tho we are referring to the USA right now which I think it's a cronyist country especially with the amount of government bottle knecking that exists in the USA

I think fame is the gateway too power everywhere really, as the elites in any economic model favour people of influence