Corruption

All politics is corrupt and the difference between various countries is twofold;

1. Whether the corruption is institutionalized like it is Australia or sub-legal as it is in China.

2. Whether the goal is rent-seeking as it in Australia, or focused on new economic growth as it is in China.

As far as I know there is no country that has institutionalized corruption that is also focused on growing the economic pie – this is a real opportunity.

Untitled

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.