Cronyism in the context of "Nepotism"

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⭐ Core Definition: Cronyism

Cronyism is awarding positions, jobs, contracts, loans, privileges, or advantages to friends or colleagues. It is used especially in politics, when referring to partiality between politicians and businesses. A person who supports or partakes in cronyism is referred to as a crony, cronie, or cronyist.

Cronyism occurs when appointing "cronies" to positions of authority regardless of their qualifications. This is in contrast to a meritocracy, in which appointments are made based on merit. Politically, "cronyism" is derogatorily used to imply buying and selling favors, such as votes in legislative bodies, doing favors to organizations, or giving desirable ambassadorships to exotic places.

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πŸ‘‰ Cronyism in the context of Nepotism

Nepotism is the act of granting an advantage, privilege, or position to relatives in an occupation or field. These fields can include business, politics, academia, entertainment, sports, religion or health care. In concept, it is similar to cronyism.

The term originated with the assignment of nephews, sons, or other relatives to important positions by Catholic popes and bishops. Nepotism has been criticized since ancient history by philosophers, including Aristotle, Valluvar, and Confucius, condemning it as both evil and unwise.

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Cronyism in the context of Political corruption

Political corruption is the use of powers by government officials or their network contacts for illegitimate private gain. Forms of corruption vary but can include bribery, lobbying, extortion, cronyism, nepotism, parochialism, patronage, influence peddling, graft, and embezzlement. Corruption may facilitate criminal enterprise, such as drug trafficking, money laundering, and human trafficking, although it is not restricted to these activities.

Over time, corruption has been defined differently. For example, while performing work for a government or as a representative, it is unethical to accept a gift. Any free gift could be construed as a scheme to lure the recipient towards some biases. In most cases, the gift is seen as an intention to seek certain favors, such as work promotion, tipping in order to win a contract, job, or exemption from certain tasks in the case of junior worker handing in the gift to a senior employee who can be key in winning the favor.

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Cronyism in the context of Reliance Industries

Reliance Industries Limited is an Indian multinational conglomerate headquartered in Mumbai. Its businesses include energy, petrochemicals, natural gas, retail, entertainment, telecommunications, mass media, and textiles. Reliance is the largest public company in India by market capitalisation and revenue, and the 86th largest company worldwide. It is India's largest private tax payer and largest exporter, accounting for 7% of India's total merchandise exports.

The company has attracted controversy for reports of political corruption, cronyism, fraud, financial manipulation, and exploitation of its customers, Indian citizens, and natural resources. Its chairman, Mukesh Ambani, has been described as a plutocrat.

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Cronyism in the context of Equality of opportunity

Equal opportunity is a state of fairness in which individuals are treated similarly, unhampered by artificial barriers, prejudices, or preferences, except when particular distinctions can be explicitly justified. For example, the intent of equal employment opportunity is that the important jobs in an organization should go to the people who are most qualified – persons most likely to perform ably in a given task – and not go to persons for reasons deemed arbitrary or irrelevant, such as circumstances of birth, upbringing, having well-connected relatives or friends, religion, sex, ethnicity, race, caste, or involuntary personal attributes such as disability, age.

According to proponents of the concept, chances for advancement should be open to everybody without regard for wealth, status, or membership in a privileged group. The idea is to remove arbitrariness from the selection process and base it on some "pre-agreed basis of fairness, with the assessment process being related to the type of position" and emphasizing procedural and legal means. Individuals should succeed or fail based on their efforts and not extraneous circumstances such as having well-connected parents. It is opposed to nepotism and plays a role in whether a social structure is seen as legitimate.

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Cronyism in the context of Rent seeking

Rent-seeking is the act of growing one's existing wealth by manipulating public policy or economic conditions without creating new wealth.Rent-seeking activities have negative effects on the rest of society. They result in reduced economic efficiency through misallocation of resources, stifled competition, reduced wealth creation, lost government revenue, heightened income inequality, heightened debt levels, risk of growing corruption and cronyism, decreased public trust in institutions, and potential national decline.

Successful capture of regulatory agencies (if any) to gain a coercive monopoly can result in advantages for rent-seekers in a market while imposing disadvantages on their uncorrupt competitors. This is one of many possible forms of rent-seeking behavior.

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Cronyism in the context of Camarilla

A camarilla is a group of courtiers or favourites who surround a king or ruler. Usually, they do not hold any office or have any official authority at the royal court but influence their ruler behind the scenes. Consequently, they also escape having to bear responsibility for the effects of their advice. The term derives from the Spanish word camarilla (diminutive of cΓ‘mara), meaning 'little chamber' or private cabinet of the king. It was first used of the circle of cronies around Spanish King Ferdinand VII (reigned 1814–1833). The term involves what is known as cronyism. The term also entered other languages like Polish, German and Greek, and is used in the sense given above.

A similar concept in modern politics is that of a Kitchen Cabinet, which is often composed of unelected advisers bypassing traditional governance practices.

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Cronyism in the context of Cheating

Cheating generally describes various actions designed to subvert or disobey rules in order to obtain unfair advantages without being noticed. This includes acts of bribery, cronyism and nepotism in any situation where individuals are given preference using inappropriate criteria. The rules infringed may be explicit, or they may be from an unwritten code of conduct based on morality, ethics or custom, making the identification of cheating conduct a potentially subjective process. Cheating can refer specifically to infidelity, where arranged or consensual relationships, that often come with a social contract, are violated. Someone who is known for cheating is referred to as a cheat in British English, and a cheater in American English.

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