"Corruptio optimi pessima -- Corruption of the best is the worst of all."
(Cicero) 

And I agree that not everyone has a price.

Arthur
  

-----Original Message-----
From: [email protected]
[mailto:[email protected]] On Behalf Of pete
Sent: Wednesday, November 28, 2012 6:06 PM
To: RE-DESIGNING WORK, INCOME DISTRIBUTION, EDUCATION
Subject: Re: [Futurework] There's more there than I thought



It's easy to be incoruptible, and there is no shortage of incorruptible
idealistic people in the world. But they are by nature not going to be found
in positions of power and influence, where they would be elbowed out by the
less admirable very early on in the process.
You might find the odd one writing a book, but generally they are going to
be people who live with a small footprint. Despite the constant chipping
away at the concept by vocal cynics, unassailably ethical behaviour is alive
and well and living in people who know who they are and what is of real
value in the world. And no, not everyone has a price.

 -Pete



On Wed, 28 Nov 2012, Ed Weick wrote:

> Perhaps the only way to be a completely incorruptible person in 
> today's world is to sit on a mountaintop or to isolate oneself in a 
> little stone cell in the depths of a monastery, but even that may not 
> work.  There really isn't much room for purists and idealists.
> 
> Ed
>  
>   ----- Original Message ----- 
>   From: Keith Hudson 
>   To: RE-DESIGNING WORK, INCOME DISTRIBUTION, EDUCATION ; Ed Weick 
>   Sent: Wednesday, November 28, 2012 12:12 PM
>   Subject: Re: [Futurework] There's more there than I thought
> 
> 
>   Ed,
> 
>   The big difference between corruption of senior politicians and
officials in China and that in the West is that the former speak about it
openly as being a (continuing) problem while the latter pretend that it only
happens rarely. It takes slightly different forms in the two countries. In
China, bribes (usually in the form of shares) are given to close relatives.
In the West it's more of a nod to the recipient that if he "helps" someone
he'll be well looked after once he's retired. There's nothing truer than the
old saying: "Every man has his price".  Even if the price is reputational
rather than financial, it is never the case (IMO) that an attempt at bribery
is met with indifference. 
> 
>   In the present Tory government in the UK it would be my opinion that
most of present senior cabinet, including Cameron, plus several Permanent
Secretaries (the top officials in civil service departments) have been
bribed with the promise of good jobs later (e.g. directorships,
consultancies, top jobs with the European Union, etc). In the previous
government under Labour, it was more of a case of the politicians
'consolidating' hundreds of key supporters with high salaries and perks in
new 'quasi non-governmental organizations' (quangos) which carry out
newly-invented civil service type functions. In the case of the previous
prime minister, Tony Blair, he's been living off several different streams
of income ever since he retired.
> 
>   Psychologists tell us that children tell fibs and devise strategies
designed to hoodwink others from only three years of age. This suggests that
deviousness is built into us genetically. This ability to deceive is
particularly necessary in any ambitiousness male not wishing to upset males
of higher social ranking (until the right moment to strike comes along!).
Sensible governmental constitutions in the future will not appeal to
idealistic abstractions but how to make its financial operations as open as
possible.
> 
>   Keith
> 
>    
>   At 15:52 28/11/2012, you wrote:
> 
>     Keith Hudson and I had a brief exchange on the merits of Chrystia
Freeland's "Plutocrats".  Both of us were bored after the first forty pages
or so.  He suggested that I read the concluding chapter and give up on the
rest of the book.  I almost did that but then decided I'd look at the book
here and there and, lo and behold, I've found some interesting things.  Thus
far I've read some of the material on "rent-seekers", plutocrats who capture
an increasing portion of existing wealth rather than producing "value-added"
wealth themselves.  The American and European financial sectors are
outstanding examples.  Working in an environment of decreasing regulation,
many people in the field have become very rich via the invention and
refinement of a large variety of securities and by shifting much of the risk
of doing so onto the public sector, knowing full well that government would
see them as too big to fail and bail them out if things went wrong.  Things
did indeed go wrong!
  in 2008, and with some exceptions like Lehman Brothers, government did
bail them out, imposing enormous costs on the public sector.
>      
>     I guess those of us who've paid any attention to the economy in the
past few years already knew much of that, but Freeland includes a lot of
extra information and detail that we couldn't have known unless we were
journalists in the middle of it all, as she was.  However, there was one
thing that was new to me in what I read this morning.  That was the role
played by "rent-seekers" in China's conversion from what was supposed to
have been a workers' paradise into plutocrat run state capitalism.
According to Freeland, China is as corrupt at the top as America, Europe and
oligarchic Russia.  I found that rather painful because it wasn't supposed
to be like that.  When I was young and highly idealistic, I followed the
Chinese Revolution very closely and greatly admired Mao Zedong.  Mao was
going to show us all what the world could really be like.  Well, what seems
to have transpired in reality is another road to hell paved with good
intentions.
>      
>     I'll quit here, but may post more as I read more bits and pieces of
Freeland's book.
>      
>     Ed
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> 
> 

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