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11 Oct 2020  (611 Views) 
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Movement for change


A high level of corruption in many countries with democratic systems and free markets
There is a high level of corruption in many democratic countries.

I am not referring to low level corruption where a lowly paid government servant need to collect small brides to make a living.

I refer to corruption at the highest level where people in power favor families and friends and put them in top positions to earn very high income.

The corruption is worse in countries where the leaders remain in power for many decades.

These leaders even fix the electoral system and abuse state funds and facilities to remain in power.

They claim to believe in the free market and appoint regulators to ensure that big businesses do not abuse their market power to take advantage of consumers.

Sadly, these regulators are also corrupt. They do not control the businesses adequately. In fact many hope to take top position in the same private sector (that they are supposed to regulate) after they leave government service. This is called "the revolving door".

Do not think that a democratic electoral system and the free market is good for the people.

In most cases they lead to a corrupt government, high inequality and a hard life for the people.

The ordinary people in most countries are probably better off with a socialist or even a communist government which has the social goal of uplifting the likelihood of the people and alleviate poverty.

It is better to live in a relatively poorer country with more equality than to live in the relatively prosperous country with high inequality.

Do not believe in the propaganda of democracy and free markets. They are deceiving. They serve mainly the rich and elite. They leave the ordinary people with a harsh life and an uncertain future.

Agree or not?

Tan Kin Lian


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