When the facts change, I change my mind. What do you do? -- John Maynard Keynes

Thursday, February 19, 2015

Corruption, Eradicated?

Can Corruption Be Eradicated?: "....It seems unlikely that any outside force can introduce enough carrots and sticks to persuade a country to reform its political system. When Romania was campaigning for admission to the European Union, in 2003, it launched an anticorruption drive, and appointed a tough justice minister who spurred a series of corruption cases against senior officials. As soon as Romania joined the E.U., in 2007, the campaign fizzled, the justice minister was fired, and the cases were dropped. “A fish rots from the head,” Chayes observes, and, in the absence of national leaders with integrity and political will, it doesn’t appear that the United States will be able to reverse the pathologies in Afghanistan, Iraq, or any other country, notwithstanding Washington’s share in creating and sustaining some of those pathologies. Indeed, we may struggle to differentiate between the kinds of patronage that might assuage a population—the “glue” that Thomas Barfield describes—and the state-sanctioned larceny that Chayes argues, convincingly, is a threat not just to Afghanistan’s national security but to that of the United States...." (read more at the link above)

The Big Picture

Financial Crisis - The Telegraph

JohnTheCrowd.com | The Sailing Website

Craig Newmark - craigconnects