Luxury and Corruption


Book Description

The world has been bombarded in recent years with images of the luxurious lives and wealth of corrupt oligarchs and kleptocrats, amassed at the expense of ordinary people. Such images exploit our feelings of injustice, are taken as indicative of moral decay, and inspire a desire to purge our economies of dirty money, objects, and people. But why do anti-corruption efforts routinely fail? What kind of world are they creating? Looking at luxury art, antiquities, superyachts, and populist politics, this book explores the connection between luxury and corruption, and offers an alternative to the received wisdom of how we tackle corruption.




The Oxford Handbook of Luxury Business


Book Description

This innovative volume brings together contributions from leading experts in the study of luxury to present the full range of perspectives on luxury business, from a variety of social science approaches. Topics include conceptual foundations and the evolution of the luxury industry; the production of luxury goods; luxury branding and marketing; distributing luxury; globalization and markets; and issues of morality, inequality, and environmental sustainability. The Oxford Handbook of Luxury Business is a necessary resource for all students and researchers of the field as well as for forward-thinking industry professionals.




Corrupting Luxury in Ancient Greek Literature


Book Description

Traces the principle that luxury corrupts its possessor as seen through a millennium of Greek literature




Corruption and Government


Book Description

How high levels of corruption limit investment and growth can lead to ineffective government.




On Corruption in America


Book Description

From the prizewinning journalist and internationally recognized expert on corruption in government networks throughout the world comes a major work that looks homeward to America, exploring the insidious, dangerous networks of corruption of our past, present, and precarious future. “If you want to save America, this might just be the most important book to read now." —Nancy MacLean, author of Democracy in Chains Sarah Chayes writes in her new book, that the United States is showing signs similar to some of the most corrupt countries in the world. Corruption, she argues, is an operating system of sophisticated networks in which government officials, key private-sector interests, and out-and-out criminals interweave. Their main objective: not to serve the public but to maximize returns for network members. In this unflinching exploration of corruption in America, Chayes exposes how corruption has thrived within our borders, from the titans of America's Gilded Age (Andrew Carnegie, John D. Rockefeller, J. P. Morgan, et al.) to the collapse of the stock market in 1929, the Great Depression, and FDR's New Deal; from Joe Kennedy's years of banking, bootlegging, machine politics, and pursuit of infinite wealth to the deregulation of the Reagan Revolution--undermining this nation's proud middle class and union members. She then brings us up to the present as she shines a light on the Clinton policies of political favors and personal enrichment and documents Trump's hydra-headed network of corruption, which aimed to systematically undo the Constitution and our laws. Ultimately and most importantly, Chayes reveals how corrupt systems are organized, how they enable bad actors to bend the rules so their crimes are covered legally, how they overtly determine the shape of our government, and how they affect all levels of society, especially when the corruption is overlooked and downplayed by the rich and well-educated.




Bribery and Corruption


Book Description

As businesses continue to expand globally into new and emerging markets, bribery and corruption risks have increased exponentially. Bribery and Corruption offers a comprehensive look at this growing problem, and at the Foreign Corrupt Practices Act (FCPA) and other international anti-bribery and corruption conventions. Presenting hypothetical examples of situations companies will face, along with practical solutions, the book offers detailed global guidance on a region and country-specific basis. The FCPA prohibits US companies and their subsidiaries from bribing foreign officials, either directly or indirectly through intermediaries, for the purpose of obtaining or retaining business. It also requires companies to keep accurate records of all business transactions and maintain an effective system of internal accounting controls. Internationally, the Organization of Economic Cooperation and Development's (OECD's) anti-bribery convention has been adopted by 38 countries and creates legally binding standards related to bribery of foreign public officials. Written by renowned accounting fraud experts Richard A. Sibery and Brian P. Loughman, and providing an introduction and overview of the Foreign Corrupt Practices Act (FCPA) and international bribery laws, Bribery and Corruption considers: How to conduct FCPA risk assessments and investigations How to consider FCPA specific financial controls How to implement an FCPA compliance program and how to measure FCPA compliance The risk of bribery and corruption continues to be an area of concern for companies around the world, but armed with Bribery and Corruption, it is easier than ever to understand the challenges that exist and how to deal with them.




Everyday Corruption and the State


Book Description

Daily life in Africa is governed by the 'petty' corruption of public officials in services such as health, transport, or the judicial system. This remarkable study of everyday corruption in three African countries investigates the reasons for its extraordinary prevalence. The authors construct an illuminating analytical framework around the various forms of corruption, the corruptive strategies public officials resort to, and how these forms and strategies have become embedded in daily administrative practices. They investigate the roots of the system in the growing inability of weakened states in Africa to either reward their employees adequately or to deliver expected services. They conclude that corruption in Africa today is qualitatively different from other parts of the world in its pervasiveness, its legitimations, and its huge impact on the nature of the state.




The Corruption Cure


Book Description

Corruption corrodes all facets of the world's political and corporate life, yet until now there was no one book that explained how best to battle it. Here, Rotberg puts some 35 countries under an anti-corruption microscope to show exactly how to beat back the forces of sleaze and graft.




Dirty Little Secrets


Book Description

Political corruption in America is worse today than it has been since the Watergate era. Americans know it, and the politicians have known it for years. Urgent calls for reform have become standard fare, but nothing changes. A Democrat President and a Republican Congress were both elected on the strength of their promises of reform. Neither has delivered. Americans contemplate the tottering remains of our ethically bankrupt political system with despair. Fact: The Christian Coalition's 1994 voter guides appear to have been skewered to favor Republican candidates in key congressional races across the country, in direct contravention of federal election law. The truth is, the politicians couldn't be happier dickering over the remains of the welfare state. Because, as you'll learn in Dirty Little Secrets, there is probably not a politician in America who does not benefit directly, personally, and continually from the status quo. Fact: The state Democratic party in Tennessee paid sums in excess of six figures to a number of groups and organizations for various political services in 1994. The problem? None of the groups actually exist, except on paper. Our Politicians, from those in the highest reaches of the Republican and Democratic parties to those in the humblest state congressional districts, evade, massage, and even break the law in order to hold on to power. But instead of merely unmasking corrupt politicians in every region of the country, Dirty Little Secrets analyzes why corruption persists in American politics, despite scandal after scandal, and in spite of periodic bursts of reform. Fact: On the eve of the 1994 elections, mock "pollsters" called up thousand ofvoters in one Wisconsin congressional district to ask whether their electoral decisions would be influenced if they knew one of the candidates was a lesbian. Most politicians want to do the right thing. But they also want to be reelected, and the system is far stronger than any honest man or woman. The influence of money and the intricacies of the levers of power make it easier for politicians to ignore the law than to obey it. In Dirty Little Secrets you will read of the conservative movement's hidden manipulations in 1994, and learn the truth about Newt Gingrich's twenty-year program of political destabilization. The history of the corrupt House the Democrats built with the help of liberal interest groups stands revealed. And Larry J. Sabato and Glenn R. Simpson expose the corrupt and illegal tactics both parties have used for decades to protect and promote their own power. Fact: In 1994, in Alabama, one local election was decided by three hundred votes. Seventeen hundred ballots cast in that election were illegally admitted absentee ballots, some of them submitted by dead people. Sabato and Simpson's fresh reporting and thousands of hours of background research include interviews with influential politicians, consultants, and political operatives, Freedom of Information Act requests, and thousands of pages of obscure campaign reports. They prove corruption is not about bad apples or colorful local traditions. And they offer a completely original plan for reform--Deregulation Plus--that will frighten both parties and make the American electorate smile for the first time in years. Dirty Little Secrets pulls together the corruption story from all parts of the country sooverwhelmingly that no one--from the White House to your house--will be able to deny that political reform must be one of the key issues of the 1996 election campaign.




China's Gilded Age


Book Description

Why has China grown so fast for so long despite vast corruption? In China's Gilded Age, Yuen Yuen Ang maintains that all corruption is harmful, but not all types of corruption hurt growth. Ang unbundles corruption into four varieties: petty theft, grand theft, speed money, and access money. While the first three types impede growth, access money - elite exchanges of power and profit - cuts both ways: it stimulates investment and growth but produces serious risks for the economy and political system. Since market opening, corruption in China has evolved toward access money. Using a range of data sources, the author explains the evolution of Chinese corruption, how it differs from the West and other developing countries, and how Xi's anti-corruption campaign could affect growth and governance. In this formidable yet accessible book, Ang challenges one-dimensional measures of corruption. By unbundling the problem and adopting a comparative-historical lens, she reveals that the rise of capitalism was not accompanied by the eradication of corruption, but rather by its evolution from thuggery and theft to access money. In doing so, she changes the way we think about corruption and capitalism, not only in China but around the world.