Benefits of Corruption

Philippines
June 12, 2007 12:57pm CST
Should public corruption be accepted as a normal state of affairs in countries at a certain stage of development?
2 people like this
3 responses
• Philippines
12 Jun 07
well, for me, Corruption reduces bureaucracy and speeds the implementation of administrative practices governing economic forces of the market. Corrupt public officials acquire incentives to create a development-friendly system for the economy. As a result, corruption starts a chain of benefits for all economic actors, making overregulated obstructive bureaucracies much more efficient.
• Philippines
13 Jun 07
Countries with lower levels of corruption still have efficient bureaucracies and enjoy better economic well-being. Corruption in the public sector is the biggest obstacle to investment, causing misallocation of valuable resources and subversion of public policies. It is also an invisible tax on the poor. GDP levels for deeply corrupted states could be much higher without corruption.
1 person likes this
• Philippines
13 Jun 07
The very idea of corruption is unethical. regardless of one's tradition. Cultural relativism is just an attemp to legitimise corruption by the corrupted. Not enough evidence has been presented to support the suggestion that corruption is required by certain socio-cultural practices. Moreover, regarding corruption as an innate queality of human culture undermines the hope for any imporvement and is inherently fatalistic, serving as an excuse for creating cultures of corruption and fear.