"Corruption and Cronyism: The Dark Side of Government Intervention in Business As governments around the world continue to expand their reach into the private sector, a disturbing trend is emerging: the more control the government has over commerce, the greater the incentive for corrupt practices and special treatment. With politicians and bureaucrats wielding increasing power over industries and businesses, the temptation to buy influence, trade favors, and manipulate the system for personal gain grows stronger. From sweetheart deals and no-bid contracts to outright bribery and embezzlement, the consequences of unchecked government control can be devastating for the economy and society as a whole. As the line between public and private interest continues to blur, one question remains: at what cost to accountability and transparency?"
Any time government has greater control over commerce, there is an increased incentive to buy off officials or lobby for special treatment.
