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Wandering Existence
Economics Explained
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Comments by "Wandering Existence" (@WanderingExistence) on "The Surprising Benefits of Corruption in the Economy" video.
This is a problem with neoliberal thinking that maximizing profit and GDP is necessarily good. They will destroy democratic institutions so large shareholders can make more money.
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Or you just don't call it "corruption" and label it "lobbying"... Now there's much less corruption, problem solved.
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While I largely agree, I immediately want to play devil's advocate; what about corruption of a bad government to facilitate humanitarian efforts? Is paying off an SS guard not to out the family living in the attic wrong because it corrupts military order??
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@Homer-OJ-Simpson If that's your interpretation of my words, your username isn't too far off. Of course corruption happens all over the fking globe, I said neoliberalism seeks to justify a culture of maximizing profit without considering social costs. We have legalized bribery as lobbying and so it wont appear on corruption indexes as prominently as it should.
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