Tag Archives: corruption

New York shows how Democrat-run cities & states contribute to the rise of Trump

Summary;  Slowly Americans begin to see the rise of Right’s new populists — such as Trump, Rubio, and Cruz — is more than a flash-in-the-pan revolt before the conservatives accept their designated leaders (as the Democrats have accepted the elderly Hillary). A few on the Left have begun to realize that the Left has some responsibility for this. They deserve attention amidst the pointless chatter about the 2016 races. Such as those asking about the Dems’ often bad (sometimes horrifically so) management of the cities and States they control.  {1st of 2 posts today.}

NY Post: NY corruption on the front page

Excerpt from “What’s the Matter With New York?

By Zephyr Teachout (Assoc Prof of Law, Fordham)

“The state with one of the richest progressive traditions has the highest inequality and the most segregated schools, not to mention a tax code that allows hedge funders to get away with murder.”

In his extraordinary book, What’s the Matter with Kansas?: How Conservatives Won the Heart of America, Tom Frank asked why blue-collar workers in his home state repeatedly voted against their own economic interest, casting ballots in favor of Republican policies that favored the rich and powerful.

You could as easily ask, “What’s the Matter with New York?” But here it’s a different mystery, although with just as devastating consequences. In the state with one of the richest progressive traditions, we have the highest inequality and the most segregated schools, and the tax code allows hedge funders to get away with murder, extracting cash from the poor and middle class New Yorkers because they can.

Because of the extraordinary amount of money involved, the political pathologies of the country are all exaggerated in New York State. In an accelerating, out of control, downward spiral, the income inequality here begets political inequality (which also leads to lower voter turnout), which begets further income inequality which begets more political inequality and on and on.

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Does corruption limit China’s growth, or pose a threat to its existence?

Summary:   Critics of China often cite its high level of corruption as a limiting factor to its growth, or a possible cause of its fall — or even disintegration. Like so many of American’s views about China, it’s false. Probably a way to diffuse awareness that a powerful rival has emerged on the world stage.  Here we compare China’s corruption to that of America’s past — and present.

20121211-corruption

Contents

  1. China today
  2. Late 19th century America
  3. America today
  4. For More Information

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(1)  China today

Is Corruption in China ‘Out of Control’? A Comparison with the U.S. In Historical Perspective“, Carlos D. Ramirez (Assoc Prof Economics, George Mason U), 4 December 2012 — Abstract:

This paper compares corruption in China over the past 15 years with corruption in the U.S. between 1870 and 1930, periods that are roughly comparable in terms of real income per capita. Corruption indicators for both countries and both periods are constructed by tracking corruption news in prominent U.S. newspapers. Several robustness checks confirm the reliability of the constructed corruption indices for both countries.

The comparison indicates that corruption in the U.S. in the early 1870s — when it’s real income per capita was about $2,800 (in 2005 dollars) — was 7 to 9 times higher than China’s corruption level in 1996, the corresponding year in terms of income per capita. By the time the U.S. reached $7,500 in 1928 — approximately equivalent to China’s real income per capita in 2009 — corruption was similar in both countries.

The findings imply that, while corruption in China is an issue that merits attention, it is not at alarmingly high levels, compared to the U.S. historical experience. The paper further argues that the corruption and development experiences of both the U.S. and China appear to be consistent with the “life-cycle” theory of corruption — rising at the early stages of development, and declining after modernization has taken place. Hence, as China continues its development process, corruption will likely decline.

(2)  Late 19th century America

This unflattering comparison of modern China with late 19th century America should not surprise us. Post-civil war America (especially the Gilded Age) America was a horror show. Public and private force was used to suppress Blacks, American Indians, Asians, and workers (see the Wikipedia entry, also for the 1892 Homestead Strike and the 1894 Pullman Strike).  When the cavalry arrived, it was often to help the bad guys (or one of the groups of dueling bad guys, as in the Lincoln County War).

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