ersatz

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But this new form of ersatz capitalism, in which losses are socialised and profits privatised, is doomed to failure. Incentives are distorted.
但是这一人造资本主义新型，寓于其中的是损失的社会化和利益的私人化，是注定要失败的。
In the old days it was more often the opposite: the academy would belatedly gild the lily of commercial success with a shiny finish of ersatz class.
过去的情况却截然相反：虽然晚些，但学院派通常是商业成功之后的锦上添花，像百合花上镀了一层闪闪发光的假釉。
American developers have been encouraged to build flats around tram stations; British limits on urban sprawl have led to the creation of ersatz villages.
美国开发商一直鼓励在电车站附近建造平房；英国对郊区扩张的限制导致代用品村的生成。

They and the Italians are enduring an ersatz recovery, derivative of more authentic revivals elsewhere.
ECONOMIST: Ersatz Europeans
Keating learned about the scam only when he saw one of his ersatz Bennetts in the gallery windows.
FORBES: Masterpieces For Everyone? The Case Of The Socialist Art Forger Tom Keating [Book Excerpt]
British limits on urban sprawl have led to the creation of ersatz villages.
ECONOMIST: Suburbs

used instead of something else, usually because the other thing is too expensive or rare

If you describe something as ersatz, you dislike it because it is not genuine and is a poor imitation of something better.