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American corruption exists, it is just excused as how things are done. E.g. speaking fees to important bureaucrats, revolving door between industry and regulato
by jeffreyrogers 5y ago
American corruption exists, it is just excused as how things are done. E.g. speaking fees to important bureaucrats, revolving door between industry and regulatory agencies, etc. There is also probably insider trading by spouses of elected officials, but this is harder to prove.
- spoonjim 5y agoOf course there is American corruption, it’s just not on the level of most countries. The US for example is probably in the 25 least corrupt countries and 5 least racist countries but I don’t think most Americans internalize this because the culture is to always want to be better. There’s good to that but also important to recognize your success.
- shadilay 5y agoProbably insider trading? They exempted themselves from insider trading laws specifically for this purpose.
- perl4ever 5y ago>revolving door between industry and regulatory agencies There are specific laws restricting/regulating people who go from government to industry, intended to address conflicts of interest. You are repeating a cliche that wrongly makes it sound like nobody ever thought of the issue. The problem with casual cynicism based on ignorance is that it allows you to fall right into the trap of trusting corrupt people who say everybody else is the same.
- jeffreyrogers 5y agoDo you think those laws work? I don't.
- perl4ever 5y agoAre you saying that you don't believe people obey the laws, or that following the laws is insufficient to be adequately ethical? Do you think that if a few powerful people do get treated differently, that means the system is totally corrupt regardless of whether ordinary people have constraints and generally do what they should?