Acton Institute Powerblog Archives

Post Tagged 'Ronny Douek'

How Do You Say ‘Crony Capitalism’ in Hebrew?

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. Continue Reading...