Cronyism Quotes
Quotes tagged as "cronyism"
Showing 1-9 of 9
“There is one key area in which Zuma has made no attempt at reconciliation whatsoever: criminal justice and security. The ministers of justice, defence, intelligence (now called 'state security' in a throwback to both apartheid and the ANC's old Stalinist past), police and communications are all die-hard Zuma loyalists. Whatever their line functions, they will also play the role they have played so ably to date: keeping Zuma out of court—and making sure the state serves Zuma as it once did Mbeki.”
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“Some capitalism suffers from cronyism. All of socialism is perverted by the crony statism of the powerful few.”
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“Institutional nepotism might be tolerated in prosperous times. Setbacks can become crises, however, when there is incompetence in key positions at crucial moments.”
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“Furthermore, those seeking government privileges, or lucrative posts in the bureaucracy, perform an economic role entirely different from that of people genuinely engaged in trade; those so engaged oppose interference with their trade. It is highly misleading to lump the two together into the term “merchants.”
― Conceived in Liberty Volumes I-IV
― Conceived in Liberty Volumes I-IV
“Welcome to the anti-meritocratic world, this world. What are you going to do about it? Will you stand back and watch while cronyism, nepotism, the old school tie, the private club, the right university, the right accent, the right background, the right secret society, the right religion, the right family, destroy merit so that their chosen ones can prosper at your expense. It’s time to smash the conspiracy. Break up all the mechanisms that allow privileged groups within society to rig the system in their favour and penalise anyone who doesn’t belong to their insidious cliques.”
― The Meritocracy Party
― The Meritocracy Party
“This longstanding bipartisan revolving door between government and business reflects the inconvenient realities of life in a capitalistic democratic republic. On the one hand, when work- ing well, this revolving door allows businesses and government to draw on talented, ethical individuals from the private and public sectors to serve the interests of both shareholders and citizens. On the other hand, this revolving door can lead to corrosive cronyism and corruption that eats away at the integrity of both business and government as narrow interests are served, to the detriment of shareholders and citizens.”
― The Capitalist and the Activist: Corporate Social Activism and the New Business of Change
― The Capitalist and the Activist: Corporate Social Activism and the New Business of Change
“Most people have no idea their police department is under the influence of their local politicians and corporations.”
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“Reading The Wealth of Nations as an attack against lobbying from special interest groups and cronyism suggests that for Smith the violence and inefficiencies of rent seeking mercantilist policies cause harm and are unjust.
For Smith, rent seeking and state capture by special interest groups is not only inefficient, but uses the (actual) "blood and treasure" of fellow citizens to enrich a few merchants under the false pretence of enriching the country. The Wealth of Nations can therefore be read as a moral condemnation of mercantilist policies: unjust policies are also inefficient policies.”
― Adam Smith: The Kirkcaldy Papers
For Smith, rent seeking and state capture by special interest groups is not only inefficient, but uses the (actual) "blood and treasure" of fellow citizens to enrich a few merchants under the false pretence of enriching the country. The Wealth of Nations can therefore be read as a moral condemnation of mercantilist policies: unjust policies are also inefficient policies.”
― Adam Smith: The Kirkcaldy Papers
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