alt Hacker NewsPoor countries have a significantly higher rate of corruption, which means that the government itself is part of the crime syndications.
It is true that we see correlation between richer countries and lower level of crimes - across all layers of society.
Replies
__MatrixMan__ • today at 1:43 AM
Does this analysis hold these each as just once instance of corruption?
- tamper with index fund rules so that the 401k's of the masses are bearing the risk of your risky investment
- bribe a border agent to let you through to see a friend
scns • yesterday at 11:40 PM
The current administration is giving them a run for the money. Might come out ahead in regards regards to corruption too. Number one.
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This really depends on how you define corruption.
Rich countries have created a definition that makes it a poor country thing, conveniently ignoring the type of corruption that is institutionalized (and in some cases even legalized) in many rich countries.