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.
但是這一人造資本主義新型，寓於其中的是損失的社會化和利益的私人化，是注定要失敗的。
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.
過去的情況卻截然相反：雖然晚些，但學院派通常是商業成功之後的錦上添花，像百郃花上鍍了一層閃閃發光的假釉。
American developers have been encouraged to build flats around tram stations; British limits on urban sprawl have led to the creation of ersatz villages.
美國開發商一直鼓勵在電車站附近建造平房；英國對郊區擴張的限制導致代用品村的生成。

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.