Jul 14, 2012
boyce
Comments Off on Corporate Corruption: The Spreading Scourge

Corporate Corruption: The Spreading Scourge

Speaking of bringing bad things to life, Eduardo Porter writes in the business section of The New York Times:

Company executives are paid to maximize profits, not to behave ethically. Evidence suggests that they behave as corruptly as they can, within whatever constraints are imposed by law and reputation….

And the furious rush of corporate cash into the political process — which differs from bribery in that companies pay politicians to change laws rather than bureaucrats to ignore them — is unlikely to foment ethical behavior.

Read the story here.

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