4 ms·
> This is where the US Federal Gov should step in. But the pols are too busy counting donations (bribes) from these companies. Freakonomics once asked a corrup
by Swizec 3y ago
> This is where the US Federal Gov should step in. But the pols are too busy counting donations (bribes) from these companies.
Freakonomics once asked a corruption researcher who is more corrupt, China or America? She said: Well in America you can't really call it corruption if it's legal.
https://freakonomics.com/podcast/is-the-u-s-really-less-corrupt-than-china/ https://freakonomics.com/podcast/is-the-u-s-really-less-corr...
- gruez 3y ago>Freakonomics once asked a corruption researcher who is more corrupt, China or America? She said: Well in America you can't really call it corruption if it's legal. Are we reading the same article? >ANG: So if we compare it to the standard index, the similarity that we see is that the United States, overall, total corruption is much lower than in China, and that’s totally expected. But what the U.C.I. is able to add is that it unbundles this total score into four categories, and by doing so, we can see more nuance and we can see that first of all, in both countries, the United States is much lower on petty theft, grand theft, and speed money than in China. But they have roughly the same amount of access money.
- Swizec 3y agoFrom the 2nd paragraph at top: > ANG: I think it’s more complicated in this country. Corruption in China is still of an illegal form. But corruption in this country has become so legalized and institutionalized, it’s hard to say that it’s “corrupt.” Some people would be really offended by the word.