DOWN WITH ANY ELITE
Occupy the 1%!
57. Corruption, trading power and influence
-- March 17 2013 --
Corruption, trading power and influence
High-placed people sometimes accept money to take decisions that favour
the top and hurt he People.
Often corruption is however a trade in power and
influence. I do this for you and in the future you do
something for me. Money is changing hands in the form of perks,
invitations for exclusive meetings, membership cards of extravagant
clubs, free holidays, higher paid jobs etceteras.
The powerful can determine their own extravagant income – their friends
have comparable incomes.
It is not the market that decides but
corruption, a decay of the decision-making process in which powerful
people decide about their own income (and bonuses).
Nobody controls, employees keep silent out of fear to lose their job or
not being promoted. Some people publicize about the extravagancies of
the top but nobody cares. The incorrect spending of public and private
money continues and common citizens pay higher prices and taxes.
People who write about corruption emphasize corruption in which money is
directly involved. They disregard institutionalised corruption, perks,
extreme salaries and decisions that hurt the 99% and favour the top.
legalised corruption is even more damaging than direct corruption.
Unnecessary industrial sites or flaunting prosperous offices are built
at too high costs. Public money is used in the derivates trade and when
money is lost, responsible people remain on their posts. It was not
their money, they could not help it,
pay the damage. The honours and the perks go to megalomaniac
When the silent corruption of the top (and the decay in the
decision-making process for financial gain) is not stopped, this cancer
in our society will continue to spread even further. Now already three
or four percent of the National Income is added to the already high
incomes of the top. Corruption is punishable but hardly anyone is
Controllers also benefit from corruption. It can only stop when the
people at the bottom of society start to punish greedy corrupt leaders
using Autonomous Clubs. Nobody else is
See my blog article “Towards a world without a 1%” http://downwithelite.wordpress.com/towards-a-world-without-a-1/
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