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The cynic in me think it's very bad press for capitalism. That kind of news is really gold for populists who are against capitalism.

And honestly, how could you really defend capitalism politically? Public opinion does not miss on that kind of thing.




Well, it’s not like what they were doing was legal and there’s nothing that can be done about it. In fact, America’s aggressive anti-bribery laws seem to be semi-working here with some folks slated to go to jail. I saw semi-working because they didn’t prevent it in the first place.

I don’t know if you can sketch a broad condemnation of capitalism based on this case. After all, the opposite party was a government owned fund.

What’s interesting to me is how susceptible to bribery government affiliated programs are. I guess it’s a combination of lots of money being handled by people who are not officially compensated very well. These kickback stories never seem to involve big companies bribing other companies. I assume that’s because of stricter controls and less incentives for those on the receiving end of a kickback.




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