Sentence:  Second, multiple variants of a “<WSD>businesscrat</WSD>” — “a twentieth- century breed of businessman who spends a significant part of his life working as a government bureaucrat (Galambos, 1966, 205, fn 3)” 
Meaning of the word marked with <WSD> tags:  A person whose career includes acting both as a business executive and a government bureaucrat in the Democratic Party in the United States.