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What's So Bad About Cronyism?
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What's So Bad About Cronyism?

Book Details

Format Paperback / Softback
ISBN-10 1594038716
ISBN-13 9781594038716
Publisher Encounter Books,USA
Imprint Encounter Books,USA
Country of Manufacture US
Country of Publication GB
Publication Date Nov 19th, 2015
Print length 48 Pages
Weight 50 grams
Product Classification: Political science & theory
Ksh 900.00
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Cronyism is a serious problem in the United States, but unfortunately it is still not very well understood. In this new essay, Jay Cost explains what it is, and why we should be so worried about it. By mingling private and public interests, cronyism costs us hundreds of billions of dollars per year and threatens to transform our republic into an oligarchy, where the rich dominate the middle class. Worse, modern cronyism has become embedded into the laws themselves, so politicians in Washington assume that such corruption is just the way things should be. To confront the dangers of cronyism, reformers need to think outside the box, paying special attention to how the political process functions.
Cronyism is a serious problem in the United States, but unfortunately it is still not very well understood. In this new essay, Jay Cost explains what it is, and why we should be so worried about it. By mingling private and public interests, cronyism costs us hundreds of billions of dollars per year and threatens to transform our republic into an oligarchy, where the rich dominate the middle class. Worse, modern cronyism has become embedded into the laws themselves, so politicians in Washington assume that such corruption is just the way things should be. To confront the dangers of cronyism, reformers need to think outside the box, paying special attention to how the political process functions.

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