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Read the following statement carefully and with the help of the points given write a view of the same
*The power of money is supreme
*common medium of exchange,
*competitive world.
*misuse of money, etc.. *greed and need,
*economic class distinction,
Answers
Explanation:
What is corruption and what are its social and political sources?
The concept of corruption
(Opening for a draft paper)
Corruption is a matter of “dishonest or illegal behavior especially by powerful people,” including, for instance, government officials or the police; and primary examples of corrupt behavior are bribery and any other inducement by improper or unlawful means.1 The varying forms and expressions of corruption may, in fact, form an unending list, since new, more sophisticated, subtle or covert forms are pretty sure to arise. The more corruption is exposed at any given time and place, the more subtle and covert it tends to become. Partly in consequence, attempts at definition and demarcation of corruption vary and are often problematic or incomplete; “the class of corrupt actions comprise an extremely diverse array of types of moral and legal offences undertaken in a wide variety of institutional contexts including, but by no means restricted to, political and economic institutions.”2
As Lincoln Steffens put a similar point, directly concerned with Gilded Age corruption in St. Louis, Missouri, one had to fear that, “… the exposures by Mr. Folk will result only in the perfection of the corrupt system.”
For the corrupt can learn a lesson when the good citizens cannot. The Tweed regime in New York taught Tammany to organize its boodle business; the police exposure taught it to improve its method of collecting blackmail. And both now are almost perfect and safe. The rascals of St. Louis will learn in like manner; they will concentrate the control of their bribery system, excluding from the profit-sharing the great mass of weak rascals, and carrying on the business as a business in the interest of a trustworthy few.3
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