Home
/
RELIGION & LIBERTY ONLINE
/
The Moral Crisis of Cronyism and Corporate Welfare
The Moral Crisis of Cronyism and Corporate Welfare
Aug 14, 2026 5:42 AM

U.S. Rep. Justin Amash, in an article for , discussed the recent charter expiration of the Export-Import Bank (Ex-Im) and how that is a good first-step toward reducing the corporate welfare and crony capitalism that has infected American politics and economics:

If a man swipes your wallet, he’s a thief. We don’t ask whether the pickpocket ultimately spent the cash on a worthy cause. Yet, supporters of corporate welfare would have you believe that as long as panies receiving welfare prosper, you shouldn’t care that the government snatched your money to make it happen.

The moral implications of cronyism are abundant. As public/private partnerships expand, the market system slowly transforms from free enterprise petition driven by market forces to government control of who succeeds and fails based on loans or bailouts to favored groups and corporations. In an interview with the Acton Institute’s Religion & Liberty, Peter Schweizer discussed how cronyism is creating a moral crisis and how it is affecting the poor:

Our poverty programs get distorted by crony corporations. Just look at how the food stamp program has expanded over the years. Initially, it was a safety net to provide basic provisions, and most people agree basic safety nets are needed. The problem is that when the government started throwing around billions of dollars, the snack food and soft drink industry saw dollar signs. So they lobbied and got the regulations changed so that snack food and sodas are now covered by government assistance. It’s now a $10 billion industry for soft panies. Then it got expanded to include convenience stores, and now you’ve got the fast food industry lobbying lawmakers to let people use EBT cards at fast food establishments.

I’m a big believer in free choice, but I believe that if you are getting government assistance, you give up some of your free choice as it relates to how you’re spending welfare dollars. And I don’t think anybody e to the conclusion that changing the food stamp program in this way actually benefits the poor. It benefits panies who are receiving tens of billions of dollars every year through the food stamp program, and I would argue, probably to the detriment of people that have grown dependent on the system.

A free market is vital for morality and economic prosperity. The more the market is corrupted by the growth of government and the regulatory state, the more open it es to cronyism and the less accessible it es to ordinary Americans. Schweizer warns of the danger of a system in which a very small number of people are able to build enormous wealth and power solely due to their connections and access to government:

Not based on any merit, not based on providing a good or service that people value and voluntarily choose to use, but instead, by using pulsive power of government. And I think that that has an enormously bad effect, not only on our culture, but also on the moral conditions in our society, because it begets more cronyism and more corruption, which is horribly damaging to our country.

To read the full interview with Peter Schweizer, visit Acton’s Religion & Liberty.

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
Unemployment as Economic-Spiritual Indicator — April 2016 Report
Series Note: Jobs are one of the most important aspects of a morally functioning economy. They help us serve the needs of our neighbors and lead to human flourishing both for the individual and munities. Conversely, not having a job can adversely affect spiritual and psychological well-being of individuals and families. Because unemployment is a spiritual problem, Christians in America need to understand and be aware of the monthly data on employment. Each month highlight the latest numbers we need...
Seeing the Creator Through Coffee
“Good work…does not disassociate life and work, or pleasure and work, or love and work.” These words, written by Wendell Berry, pulse throughout the work of Laremy De Vries, owner and chef of The Fruited Plain Café, a sandwich and coffee shop in Sioux Center, Iowa. For De Vries, our work unites general revelation with special revelation, yielding an opportunity for “valuing the created world not only insofar as it belongs to God in a sphere sovereignty sense, but also...
5 Facts About the National Day of Prayer
Today is the National Day of Prayer, an annual day of observance celebrated by Americans of various faiths. Here are five facts you should know about the day when people are asked “to turn to God in prayer and meditation.” 1. The National Day of Prayer is an annual observance held on the first Thursday of May, inviting people of all faiths to pray for the nation. It was created in 1952 by a joint resolution of the United States...
6 Quotes: Friedrich Hayek on economics and freedom
Yesterday was the 116th birthday of the late Austrian and British economist Friedrich Hayek. Throughout his life the Nobel-winning philosopher defended civil liberties and political freedom and warned against the Keynesian welfare state and of totalitarian socialism. In honor of his birthday, here are six key quotes from his writings: On Faith in Freedom: Freedom necessarily means that many things will be done which we do not like. Our faith in freedom does not rest on the foreseeable results in...
Fair Trade, Microfinance, Orphans, and Social Entrepreneurship
Poverty, Inc. co-producer Mark R. Weber shares mitment to fort as a necessary function of growth at the Jubilee Professional conference in Pittsburgh, 2016. Poverty, Inc. is a critically acclaimed documentary that has earned over 50 international film festival honors and the $100,000 Templeton Freedom Award. It has been endorsed across the political spectrum, from Michael Moore to Russ Roberts, playing in over 100 universities including Harvard, MIT, NYU, Cornell, Stanford, Yale, and Northwestern. Learn more at povertyinc.org and /povertyinc....
How to Determine if Nation is Rich or Poor
We know that some countries around the world are rich (e.g., the United State) and others are, relatively speaking, poor (such as Mexico). But not all poor countries are equally poor. Mexico, for instance, is pared to some African countries. Knowing how to measure such differences can help us better grasp the relative well-being of people around the globe. In this video byMarginal Revolution University, economist Alex Tabarrok provides a simple tool paring relative wealth between nations. ...
The Despotic Reign of Fear
Yesterday was both Star Wars Day (May the Fourth) and the day that Donald Trump became the presumptive presidential nominee for the Republican party. I reflected on the confluence of these two phenomena in a short essay on what Mr. Trump might learn from Emperor Palpatine. It is not well-known, perhaps, but Palpatine was instrumental in creating the so-called Book of Sith, which includes a treatise by him on “Absolute Power.” I draw a couple of lessons for Mr. Trump...
Understanding Trump: The Deal-Maker as Artist
[Note: This is the first in an occasional series evaluating the remaining presidential candidates and their views on economics and liberty.] In the history of American politics, there has never been a candidate quite like Donald Trump. He is an Ivy League-educated New York billionaire appealing to populists across the country. He is a crony capitalist who loves bureaucracy and yet has convinced voters that he is the anti-Establishment candidate. He is profoundly ignorant about economics and openly hostile to...
A Great and Mysterious Collaboration: How Trade Turns Work Into Fellowship
“The fruit of our labor is fellowship. munity. It’s relationship.” Global trade has suddenly emerged as a hot conversationin the current election cycle, with candidates likeDonald Trump and Bernie Sanders leading the charge toward severe protectionism, while the others quietly shrug and nod along accordingly. Voters of all ideological stripes areresponding with fervor, calling for more trade barriers and increased manipulation of prices and wages, hoping to insulate the American economy from our global neighbors and “keep what’s ours.” Such...
Where Billionaire Crony Capitalists Live
It’s never easy ing a billionaire, but the path to achieving a 10-figure level of wealth is smoother when you have the government as a business partner. Crony capitalism is a general term for the range of activities in which particular individuals or businesses in a market economy receive government-granted privileges over their customers petitors. Certain industries (like casinos and real estate) and some nations (Russia, the Philippines) are more prone to cronyism than others. So if you want to...
Related Classification
Copyright 2023-2026 - www.mreligion.com All Rights Reserved