Home
/
RELIGION & LIBERTY ONLINE
/
Charles Koch on Cronyism
Charles Koch on Cronyism
Oct 29, 2025 8:07 PM

You are unlikely to find a pair of siblings who are both as admired and reviled as the Koch brothers. Charles and David Koch are billionaire philanthropists, heads of the nation’s second largest pany, and activists who promote libertarian causes. To many on the right, the brothers are virtuous champions of liberty. To many on the left, the duo is the greatest threat to humanity since global warning (which some on the left would directly attribute to the Kochs).

Both defenders and detractors should be able to set aside their differences, though, and join in agreement with the Kochs on at least one issue: croynism. In a recent interview with the Wichita Business Journal, Charles Koch explained how cronyism hurts us all — especially the poor:

I think one of the biggest problems we have in the country is this rampant cronyism where all these panies are into smash-and-grab, short-term profits, (saying) how do I get a regulation, we don’t want to export natural gas because of my raw materials … well, you say you believe in free markets, but by your actions you obviously don’t. You believe in cronyism. And that’s true even at the local level. I mean, how does somebody get started if you have to pay $100,000 or $300,000 to get a medallion to drive a taxi cab? You have to go to school for two years to be a hairdresser. You name it, in every industry we have this. The panies try to keep the new entrants down. Now that’s great for pany like ours. We make more money that way because we have petition and less innovation. But for the country as a whole, it’s horrible.

And for disadvantaged people trying to get started, it’s unconscionable in my view. I think it’s in our long-term interest, in every American’s long-term interest, to fight against this cronyism. As you all have heard me say, the role of business is to create products that make people’s lives better while using less resources to do it and making more resources available to satisfy other needs. When pany is not being guided by the products they make and what the customers need, but by how they can manipulate the system — get regulations on petitors, or mandates on using their products, or eliminating petition — it just lowers the overall standard of living and hurts the disadvantaged the most. We end up with a two-tier system. Those that have, have welfare for the rich. The poor, OK, you have welfare, but you’ve condemned them to a lifetime of dependency and hopelessness. Yeah, we want hope and change, but we want people to have the hope that they can advance on their own merits, rather than the hope that somebody gives them something. That’s better than starving to death, but that, I think, is going to wreck the country. Is it in our business interest? I think it’s in all our long-term interests. It’s not in our short-term interest. And it’s about making money honorably. People should only profit to the extent they make other people’s lives better. You should profit because you created a better restaurant and people enjoyed going to it. You didn’t force them to go, you don’t have a mandate that you have to go to my restaurant on Tuesdays and Wednesdays or you go to prison. I e on. You feel good about that?

Read more . . .

Comments
Welcome to mreligion comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
RELIGION & LIBERTY ONLINE
Hello, pot? This is the kettle…
David Klinghoffer, a senior fellow at the Discovery Institute, writes at NRO this week about the use of biblical texts in support of immigration liberalization by liberals, “Borders & the Bible: It’s not the gospel according to Hillary.” I find this essay problematic on a number of levels. Klinghoffer first reprimands Hillary Clinton, among others, for quoting the Bible: “While the Left typically resists applying Biblical insights to modern political problems, liberals have seemed to make an exception for the...
The myth of aid
John Stossel has made an excellent and noteworthy journalistic career by going where the evidence takes him. He possesses an intellectual honesty and curiosity that is refreshing, especially pared to the banal talking head syndrome which dominates most main stream media. As co-anchor of ABC’s 20/20, Stossel has negotiated a deal which allows him to do special reports on whatever interesting and controversial topics he chooses. His latest was a special aimed at debunking popularly accepted myths, tied to the...
Geldof trades up
The May 16 Independent is guest-edited by the ubiquitous Bono and sports the RED brand–another Bono project where a share of the profits from the mag will be donated to fighting AIDS and poverty in Africa. panies with RED brands include Converse, American Express, Armani, and GAP.) See the issue for yourself (where you will find a critique of subsidies, as well as Nelson Mandela giving props to RED as well as an interview edian Eddie Izzard–two men who much...
Sportsmen think global warming is a threat?
In the in-box, this interesting survey from Nate at Field & Stream: A new survey conducted by the National Wildlife Federation (the results of which are being hosted exclusively on ) shows that: 76 percent of sportsmen believe global warming is occurring71 percent believe it’s a serious threat to fish and wildlife78 percent believe the U.S. should reduce its emissions of greenhouse gases like CO2 even though: 73 percent consider themselves conservative to moderate on political issues50 percent consider themselves...
Acton on the radio
Yesterday afternoon, Andrew Yuengert joined host Al Kresta on Kresta in the Afternoon on the Ave Maria Radio Network to discuss immigration reform and President Bush’s most recent proposal to secure the USA’s southern border. Yuengert is an Associate Professor of Economics at Pepperdine University and the author of Inhabiting the Land, an economic analysis of migration and part of Acton’s Christian Social Thought Series of monographs. To listen to the interview, click here (6.5 mb mp3 file). Inhabiting the...
Tax those greedy Christians
Over at the Alabama Policy Institute, Gary Palmer takes on University of Alabama law professor Susan Pace Hamill and her assertion that Christians have an obligation to pay higher taxes. In “No Biblical Mandate for Higher Taxes,” Palmer examines her “theocratic tax inquisition.” In one article directed at Christians in Alabama, Professor Hamill contends that to be truly pro-life you must also support paying higher taxes to give the government more money to provide more government programs for the poor....
Immigration reform, French-style
“As we look at how the immigration debate is unfolding, there are reasons to be concerned about the rule of law,” Jennifer Roback Morse writes. “The mass demonstrations of the past weeks reveal a much more sinister development: the arrival of French-style street politics in America.” Read mentary here. ...
The mandate of the state
In his fragmentary and plete Ethics, Dietrich Bonhoeffer examines the reality of the will of God, which he e to us from Scripture in the form of four mandates: work, marriage, government, and church. Here’s a great summary of Bonhoeffer’s view of the mandate of the government or state, from his essay, “Christ, Reality, and Good,” pages 72-73: The divine mandate of government already presupposes the mandates of work and marriage. In the world that it rules, government finds already...
Scan this book! Break the law!
As a brief follow-up to my post last week about the state of scholarly publishing, I want to highlight this recent article in The New York Times, “Scan This Book!” by Kevin Kelly, who is on the staff at Wired magazine. He conjures up the same image as Janet H. Murray, of “the great library at Alexandria,” and laments that “for 2,000 years, the universal library, together with other perennial longings like invisibility cloaks, antigravity shoes and paperless offices, has...
Jaroslav Pelikan 1923-2006
Jaroslav Pelikan, the great historian of the Christian Tradition, died May 13 at his home in Hamden, Conn. He was 82 years old and had been battling lung cancer. Pelikan wrote more than 30 books and over a dozen reference works covering the entire history of Christianity. Perhaps his best known work is the five-volume “The Christian Tradition: A History of the Development of Doctrine.” In 2003, he published “Credo: Historical and Theological Guide to Creeds and Confessions of Faith...
Related Classification
Copyright 2023-2025 - www.mreligion.com All Rights Reserved