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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.
Background Information: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.
Let's Get Started!
This Living Room Conversation flows through three 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.
Introductions: Getting Started/
Why Are We Here?
Round 1: Core Values
- What sense of purpose / mission / duty guides you in your life?
- What would your best friend say about who you are and what inspires you?
- What are your hopes and concerns for your community and/or the country?
What are your thoughts on Crony Capitalism?
- “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?”
Round 3: Reflection & Next Steps
- 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?
- 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?