Tuesday, January 29, 2008

Nepotism, cronyism and plutocrats

Lindsey, Chas, Tarik, Shreveport
Originally uploaded by trudeau
Under the reading on meritocracy, we saw these terms:

Nepotism, the hiring of relatives to work in your organziation. Americans consider nepotism ok in business but not in gevernment.

Cronyism means hiring your friends. Again, it's considered OK away from government.

Plutocrat? Mitt Romney, worth about $200M, says Wikipedia.

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