Acton Institute Powerblog Archives

Post Tagged 'corruption'

Peter Schweizer Talks Congressional Insider Trading

In his bestseller, Throw Them All Out, Peter Schweizer declares, “The Permanent Political Class has no sense of urgency to change because, for them, business is good.” Schweizer, who is interviewed in the latest issue of Religion & Liberty, appeared today on the Mike Huckabee radio show to talk congressional insider trading. Continue Reading...

‘Buy Yourself a Cup of Tea’ — A Collapse in Culture

The Rana Plaza garment factory collapse in Bangladesh on April 24th killed 1,127 people, including almost 300 whose bodies have not yet been identified. In the article, “Buy Yourself a Cup of Tea” — A Collapse in Culture”, PovertyCure’s Mark Weber highlights a complex and deeply-rooted problem within Bangladeshi culture that has contributed to numerous disasters like this: corruption. Continue Reading...

Senator Cornyn Quotes Lord Acton on Abuse of Power

Senator John Cornyn (R-Texas) took to the Senate floor yesterday and quoted Lord Acton’s well known dictum, “Power tends to corrupt and absolute power corrupts absolutely.” There’s a partisan bite to his words, but he mostly warns against the grave dangers and tyranny under concentrated and centralized power. Continue Reading...

R&L Preview: Peter Schweizer on our Cronyist Culture

After being sentenced to federal prison in 2001 for racketeering, Louisiana’s former governor Edwin Edwards, long famous for his corruption and political antics, humorously quipped, “I will be a model prisoner as I have been a model citizen.” In his 1983 campaign for governor against incumbent David Treen, Edwards bellowed, “If we don’t get Dave Treen out of office, there won’t be anything left to steal.” The kind of illegal corruption once flaunted by Edwards is on the decline. Continue Reading...

‘Act Against Corruption’

Perhaps one of the biggest obstacles to wealth creation in the developing world is corruption. Bribery, rigging of the political process, theft, lack of accountability: all of these lead to instability, bureaucracy, and a lack of incentive to invest. Continue Reading...

Lawlessness Keeping India in the Dark

Earlier this month, India experienced the worst blackout in global history. Over 600 million people—more than double the number of people in the U.S. and nearly one in 10 people in the world—were left without power. Continue Reading...

Why is Kenya Poor?

Three days ago I arrived in Nairobi, Kenya, for Acton’s conference at Strathmore University. Driving about the city the last few days, I have been amazed by the number of small-medium businesses located in the kiosks along streets. Continue Reading...