Acton Institute Powerblog

How Do You Say ‘Crony Capitalism’ in Hebrew?

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It turns out there’s a phrase for the reality of ‘crony capitalism’ in Hebrew: hon v’shilton, which is “literally translated as capital and government, an expression Israelis use to describe the rich’s influence on government.” Check out Bloomberg Businessweek for an overview of current controversy on Israel’s “business elite.”

Of course business need not corrupt government. But the temptation for those with a concentration of economic power to turn that into political advantage in order to retain economic dominance is perennial. In a 2008 interview with venture capitalist Ronny Douek, who founded the Israel Center for Civil Society, Jerusalem Post interviewer Ruthie Blum Leibowitz asked Douek about hon v’shilton:

Doesn’t the connection between business and politics – what we call “hon v’shilton” – have negative connotations?

Yes, unless it is defined as taking mutual responsibility for society. With the right balance, it can only be a good connection. Take, for example, people here who saw ways in which they could have an influence on road safety or education…

Douek’s answer refers to his pluriform view of social life, in which he likens Israel “to a table resting on three legs – the government, civil society and business.”

As an aside, one instance of the ancient Hebrew root for the modern term shilton appears in Ecclesiastes 8:4 as supreme: “Since a king’s word is supreme, who can say to him, ‘What are you doing?'”

Jordan J. Ballor Jordan J. Ballor (Dr. theol., University of Zurich; Ph.D., Calvin Theological Seminary) is a senior research fellow and director of publishing at the Acton Institute for the Study of Religion & Liberty, where he also serves as executive editor the Journal of Markets & Morality. He is author of Get Your Hands Dirty: Essays on Christian Social Thought (and Action) (Wipf & Stock, 2013), Covenant, Causality, and Law: A Study in the Theology of Wolfgang Musculus (Vandenhoeck & Ruprecht, 2012) and Ecumenical Babel: Confusing Economic Ideology and the Church's Social Witness (Christian's Library Press, 2010), as well as editor of numerous works, including Abraham Kuyper Collected Works in Public Theology. Jordan is also associate director of the Junius Institute for Digital Reformation Research at Calvin Theological Seminary. He has authored articles in academic publications such as The Journal of Religion, Scottish Journal of Theology, Reformation & Renaissance Review, and Journal of Scholarly Publishing, and has written popular pieces for newspapers including the Detroit News, Orange County Register, and The Atlanta Journal-Constitution. In 2006, Jordan was profiled in the book, The Relevant Nation: 50 Activists, Artists And Innovators Who Are Changing The World Through Faith. Jordan's scholarly interests include Reformation studies, church-state relations, theological anthropology, social ethics, theology and economics, and research methodology. Jordan is a member of the Christian Reformed Church in North America (CRCNA), and he resides in Jenison, Michigan with his wife and three children.

Comments

  • Roger McKinney

    “Take, for example, people here who saw ways in which they could have an influence on road safety or education…”

    Wealthy people who are honest and want to help other form their own non-profit organization and give their own money to others. Those who use the state merely want to force on others their own vision of society.

    And the temptation is too great. No, it’s not required that businessmen corrupt politicians, but neither is it required that men hire prostitutes. Politicians have power and they know a lot of businessmen will pay well to rent that power.