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Not to defend your typical mendacious megacorp and its dishonest ways, but we should also focus attention on the other site of this equation, the governments op
by southernplaces7 2y ago
Not to defend your typical mendacious megacorp and its dishonest ways, but we should also focus attention on the other site of this equation, the governments operating in many countries.
They're usually pervasively, profoundly corrupt across many levels and will often actively encourage a culture of massive bribes by creating a regulatory environment so stifling that no other means of getting any project or major process done exists. Often they'll simply ignore their own laws to stop investment projects until someone coughs up money on an extra-official basis.
I'm not talking about these governments honestly and in good faith creating and applying regulations for the well-being of their own nation. I'm referring to laws so byzantine that they're in place more as a dragnet for bribes, which is applied only selectively on a pay as you go & stop when you don't basis.
- whatshisface 2y agoEveryone knows that poor countries often have very corrupt governments, that's why there are laws in developed countries specifically written to address what's happened here that were written decades ago.
- southernplaces7 2y agoEveryone knows it but it's impressive how often the media focus is made heavily on the businesses paying bribes while disregarding the government functionaries actively extorting those bribes, or at least happily accepting them and using mechanisms to keep them flowing. Aside from these governments no longer doing that, what should private interests do, cease all investment and business in certain countries?
- deleted 2y ago[deleted]