Most Invisible Hand models sketch that if each consumer is allowed to choose freely what to buy and each producer is allowed to choose freely what to sell and how to produce it, the market will settle on a product distribution and prices that are beneficial to all the individual members of a community, and hence to the community as a whole.

In Russian-style cronyism, the freedom of producers in particular was corrupted by the need to pay heed to everyone with political muscle. No sensible producer who valued personal safety would compete with the mining company of an oligarch in a development, for example.

the former can take any number of forms, the latter is a very specific set of political arrangements that leverage the former, but aren't bound by it either (hence why so many Russian oligarchs were putting their money in various other jurisdictions, in any number of legal, if altogether off-putting ways...like buying UK football teams, swathes of residential and commercial properties, etc.