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Corruption is basically when a person in power decides to exploit his power in making money for himself/herself. A corrupt person also accepts lots of bribes from people, and in return, approves illegal projects. Corruption happens because the government system is so infiltrated by people who have no morals and who come into power just to make money. In developing countries, people suffer so much to make money that whenever they get the chance, they exploit it to the fullest.

today corruption is point to ponder………pakistan zindabad

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Still, in countries afflicted by significant corruption, prosecutors are often unable to investigate and punish wrongdoing because of political interference or ineffectiveness. Countries with more independent and robust legal systems can help. Legislation such as the UK’s Bribery Act 2010, the US’s Foreign Corrupt Practices Act and Brazil’s Clean Company Act give prosecutors the authority to pursue individuals or corporations who pay off foreign officials. In 2010, BAE Systems paid $400 million to the US Justice Department and £30 million to the UK Serious Fraud Office to settle bribery allegations arising out of the sale of equipment to Tanzania. The UK Department for International Development used some of these funds to refurbish classrooms in, and provide teaching materials to Tanzanian primary schools in co-ordination with national authorities (Gray, Hansen, Recica-Kirkbride and Mills 2014, p. 6).

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International trade in merchandise has increased by more than 500% over the last 25 years. Trade as a share of world GDP has increased by half over this period, from 40% in 1990 to about 60% today. As economic activity has become more globalised, so has corruption. Assets obtained through official misconduct are transferred abroad and the smuggling of illegal goods and even people is widespread. New avenues for wrongdoing have expanded the number and kinds of participants involved in corruption, which now encompass counterfeiters, pirates and armed groups.

One major reason for his downfall is how corrupted he becomes due to the power he has.

"Power tends to corrupt, and absolute power corrupts absolutely

The two major categories of corruption as stated in the article are everyday corruption which includes bribery to officials and business corruption which include state, business, and administrative corruption.

Power has long been considered a corrupting and a disrupting force in function and in influence.

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The result of all of this is that the United States has become what Plato originally spelled out in and Michael Parenti made famous today – a plutocracy. That is, a nation which is ruled by the rich, where money is valued over “goodness.” Like the Cambodian generals who sold arms to their enemies our political system has been corrupted by those who steer some of the most powerful companies on the planet. Indeed, with their massive funding of political office-holders the rich have made it impossible for the United States government to have a “moral compass.” These wealthy individuals have created a type of Wall-Street Republic where office-holders have become a commodity (or security) to be bought and sold like any other commodity. To be sure, those that are supposed to represent the people have instead become an investment that the wealthiest amongst us use to perpetuate their own affluence.

Shakespeare was trying to prove a point about how misusing power leads to corruption.

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Over time, more and more ministry decisions and actions on budgets, contracts and expenditures will be made public and actively disseminated through traditional and modern media. Accepting citizen feedback and monitoring must become a core part of how the government conducts its business. As with procurement, top-level leadership is needed to crack open bureaucratic resistance, after which internal and external reformers can push forward a corruption reform programme of actions. But that first step remains critical.

Often, too much power can go to that particular person’s head, and he/she can become corrupt.

More about Corruption of Power in Animal Farm Essay

In a business ethics situation, the Foreign Corruption Practices Act would prohibit offering any bribe to the custom office – for example to free a shipment of goods that was lost in red tape (Pitman & Sanford, 2006)....