Samir’s Selection 03/19/2015 (a.m.)

  • tags: corruption UK TransparencyInternational WorldBank WEF Monbiot transparency CityofLondon

    • How Corrupt is Britain? argues that such narrow conceptions of corruption are part of a long tradition of portraying the problem as something confined to weak nations, which must be rescued by “reforms” imposed by colonial powers and, more recently, bodies such as the World Bank and the IMF. These “reforms” mean austerity, privatisation, outsourcing and deregulation. They tend to suck money out of the hands of the poor and into the hands of national and global oligarchs.
    • For organisations such as the World Bank and the World Economic Forum, there is little difference between the public interest and the interests of global corporations. What might look like corruption from any other perspective looks to them like sound economics. The power of global finance and the immense wealth of the global elite are founded on corruption, and the beneficiaries have an interest in framing the question to excuse themselves.
    • Yes, many poor nations are plagued by the kind of corruption that involves paying bribes to officials. But the problems plaguing us run deeper. When the system already belongs to the elite, bribes are superfluous.
  • tags: flight airline aircraft distance record

Posted from Diigo. The rest of my favorite links are here.

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