• Office
  • Coffee shop
  • Church basement

crony capitalism

Talking about . . . crony capitalism

cronyism.jpg

Cronyism is a term describing an economy in which success in business depends on close relationships between business people and government officials. It may be exhibited by favoritism in the distribution of legal permits, government grants, special tax breaks, etc. Cronyism is believed to arise when political cronyism spills over into the business world; self-serving friendships and family ties between businessmen and the government influence the economy and society to the extent that it corrupts public-serving economic and political ideals. Crony capitalism is a term describing an economy in which success in business depends on close relationships between business people and government officials.

Click here if you would like a pdf of the following topic material to share with your cohost and friends.

. . . .

Background reading (optional)

While you don't need to be an expert on this topic, sometimes people want background information. Our partner, AllSides, has prepared a variety of articles reflecting multiple sides of this topic. 

. . . .

Want to listen to an actual Living Room Conversation?

Check out our listings on LRC Radio

. . . .

Now that you are all together, here we go!

This Living Room Conversation flows through five rounds of questions and a closing. Some rounds ask you to answer each question. Others feature multiple questions that serve as conversation starters — you need only respond to the one or two you find most interesting.

Before you begin your conversation, please go over the Conversation Ground Rules with your participants.

. . . .

One. Why are we here?

What interested you or drew you to this topic?

Two. Your core values

Answer one or more of the following:
  • what sense of purpose or duty guides you in life? What is your mission statement?
  • what would your best friend say about who you are and what makes you tick?
  • what are your hopes and concerns for your community and/or the country, now and long-term?

Three. What are your biggest concerns about crony capitalism?

Remember that the goal of this Living Room Conversation is for each participant to listen to and learn about the different opinions within the group to see where you might share interests, intentions and goals. 

Answer one or more of the following questions:
  • when it comes to the relationships between business and government, what are you most concerned about right now?
  • where is it on your top-10 list? Why?

Four. Reflection

Answer one or more of the following questions:
  • in one sentence, share what was most meaningful or valuable to you in the experience of this Living Room Conversation;
  • what new understanding or common ground did you find within this topic?
  • has this conversation changed your perception of anyone in this group, including yourself?

Five. Accomplishment and moving forward

Answer both of the following questions:
  • name one important thing that was accomplished here;
  • is there a next step you would like to take based upon the conversation you just had?

Closing

Thank you! Please complete the feedback form to help us continue to improve Living Room Conversations.