Thursday, July 28, 2022

There Won't Be Any Winners Because The Status Quo Is Corrupt Everywhere

Corruption has always come hand-in-hand with power, and this is superficially true. Once a centralized hierarchy takes power, those seeking self-glorification and wealth seek power as a means to their self-enrichment and glorification. Systemic corruption optimizes failure and collapse.

They use their power to reward those who helped them gain power and those helping them maintain power.

  • A small Texas contractor who contributed to Lyndon Johnson's political career was awarded immense contracts to build bases in Vietnam during Johnson's vast expansion of the Vietnam War

Systemic Corruption

  • Systemic corruption deforms the core economic functions of governance and capital to enrich insiders at the expense of the national interest and the common good
  • When corruption hollows out a nation's military capabilities, that undermines national security
  • Corruption funnels national resources into poorly built bridges to nowhere ghost cities and monuments to excess, corruption has a cost that is incalculable until it's too late to repair the rot

https://charleshughsmith.blogspot.com/2022/07/there-wont-be-any-winners-because.html 

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