Except that the terms "economic central planning" and "rent seeking" are orthogonal, even if the results are the same. You could, in theory, have economic central planning without rent seeking -- though it may not work that way in practice.
I think the above poster had it correct; refer to it as "crony capitalism" to non-economists.
I think the above poster had it correct; refer to it as "crony capitalism" to non-economists.