Moral Economies of Corruption


Book Description

Nigeria is famous for "419" e-mails asking recipients for bank account information and for scandals involving the disappearance of billions of dollars from government coffers. Corruption permeates even minor official interactions, from traffic control to university admissions. In Moral Economies of Corruption Steven Pierce provides a cultural history of the last 150 years of corruption in Nigeria as a case study for considering how corruption plays an important role in the processes of political change in all states. He suggests that corruption is best understood in Nigeria, as well as in all other nations, as a culturally contingent set of political discourses and historically embedded practices. The best solution to combatting Nigerian government corruption, Pierce contends, is not through attempts to prevent officials from diverting public revenue to self-interested ends, but to ask how public ends can be served by accommodating Nigeria's history of patronage as a fundamental political principle.




Neoliberalism and the Moral Economy of Fraud


Book Description

There is evidence that economic fraud has, in recent years, become routine activity in the economies of both high- and low-income countries. Many business sectors in today's global economy are rife with economic crime. Neoliberalism and the Moral Economy of Fraud shows how neoliberal policies, reforms, ideas, social relations and practices have engendered a type of sociocultural change across the globe which is facilitating widespread fraud. This book investigates the moral worlds of fraud in different social and geographical settings, and shows how contemporary fraud is not the outcome of just a few ‘bad apples’. Authors from a range of disciplines including sociology, anthropology and political science, social policy and economics, employ case studies from the Global North and Global South to explore how particular values, morals and standards of behaviour rendered dominant by neoliberalism are encouraging the proliferation of fraud. This book will be indispensable for those who are interested in political economy, development studies, economics, anthropology, sociology and criminology.




Do Markets Corrupt Our Morals?


Book Description

The most damning criticism of markets is that they are morally corrupting. As we increasingly engage in market activity, the more likely we are to become selfish, corrupt, rapacious and debased. Even Adam Smith, who famously celebrated markets, believed that there were moral costs associated with life in market societies. This book explores whether or not engaging in market activities is morally corrupting. Storr and Choi demonstrate that people in market societies are wealthier, healthier, happier and better connected than those in societies where markets are more restricted. More provocatively, they explain that successful markets require and produce virtuous participants. Markets serve as moral spaces that both rely on and reward their participants for being virtuous. Rather than harming individuals morally, the market is an arena where individuals are encouraged to be their best moral selves. Do Markets Corrupt Our Morals? invites us to reassess the claim that markets corrupt our morals.




What Money Can't Buy


Book Description

In What Money Can't Buy, renowned political philosopher Michael J. Sandel rethinks the role that markets and money should play in our society. Should we pay children to read books or to get good grades? Should we put a price on human life to decide how much pollution to allow? Is it ethical to pay people to test risky new drugs or to donate their organs? What about hiring mercenaries to fight our wars, outsourcing inmates to for-profit prisons, auctioning admission to elite universities, or selling citizenship to immigrants willing to pay? In his New York Times bestseller What Money Can't Buy, Michael J. Sandel takes up one of the biggest ethical questions of our time: Isn't there something wrong with a world in which everything is for sale? If so, how can we prevent market values from reaching into spheres of life where they don't belong? What are the moral limits of markets? Over recent decades, market values have crowded out nonmarket norms in almost every aspect of life. Without quite realizing it, Sandel argues, we have drifted from having a market economy to being a market society. In Justice, an international bestseller, Sandel showed himself to be a master at illuminating, with clarity and verve, the hard moral questions we confront in our everyday lives. Now, in What Money Can't Buy, he provokes a debate that's been missing in our market-driven age: What is the proper role of markets in a democratic society, and how can we protect the moral and civic goods that markets do not honor and money cannot buy?




Corruption


Book Description

Recent years have seen an unprecedented rise in interest in the topic of corruption, resulting in a rising demand for suitable teaching materials. This edited collection brings together two different approaches to the study of corruption — the first represented by a large, practically-oriented literature devoted to identifying the causes of corruption, assessing its incidence and working out how to bring it under control; the second by a smaller collection of critical literature in political theory and intellectual history that addresses conceptual and historical issues concerned with how corruption should be, and how it has been, understood — and uses the second to reflect on the first. This collection will be of interest to post-graduate students in political science, law, sociology, public policy and development studies, to senior public servants, and to professionals working in multilateral agencies, NGOs and the media.




Corruption


Book Description

Corruption, generally defined as the abuse of entrusted power for private gains, has been the growing center of attention of many social scientists since the end of the cold war. Corruption can be seen in different perspectives depending on cultural background and it is defined in many spectrums by different scholars. This book provides current research on the political, economic and social issues of corruption. The first chapter begins with a review of social and political issues of a globalised economy. Chapter two presents a review of the literature on the economics of corruption. Chapter three tackles corruption in politics and public service. Chapter four discusses the procurement market from the macro-perspective and analyses the relationship between level of corruption and selected indicators of the public procurement market. Chapter five studies criminal culpability and economic crisis. Chapter six discusses gendered attitudes towards corruption and experiences with bribery. Chapter seven explores the relationship between corruption and gender inequality in Nicaragua. Chapter eight deals with the influence of multilateral anti-corruption agreements on the regulatory framework in developed countries. Chapter nine identifies the relationship between corruption and the processes of transition in West Balkan countries. Chapter ten explores corruption in the privatised public enterprises using selected privatised institutions. Chapter 11 discusses progress and constraints of civil society anti-corruption initiatives in Uganda. The final chapter analyses three cases of alleged corruption related to genetically modified foods where corruption claims based on ethical-critical logics were confronted with objective-formal counter-arguments.




Combating Corruption, Encouraging Ethics


Book Description

Ethical foundations : virtue, consequence, principle -- Responsibility and accountability -- Twenty-first century challenges : global dimensions/changing boundaries -- Understanding fraud, waste, and corrupt practices -- Graft, bribery, and conflict of interest -- Lying, cheating, and deception -- Privacy, secrecy, and confidentiality -- Abuse of authority and "administrative evil"--Establishing expectations, providing guidelines, and building trust -- Transparency, whistle blowing, and dissent -- Compliance, oversight, and sanctions -- Leadership and individual responsibility : encouraging ethics.




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.




Corruption and Government


Book Description

This new edition of a 1999 classic shows how institutionalized corruption can be fought through sophisticated political-economic reform.




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.