Examples Of Corporate Corruption Essay
Today, from pretty much in every country in the world, from Russia all the way to the United States, there is so much corruption out there, not even our own companies are 100% trustworthy. Today, many American companies have been lobbying against the law with bribery, illegal imports, and political control. Over 60% of companies in the U.S have been involved in some type of corruption. Some biased conspiracy theorists say that corporate corruption is a necessary evil, but many other people say it is unfair and corruption is a practice that breaks trust and loyalty. We buy from the biggest companies in the world today, like Wal-Mart and Sam’s Club, but there are many companies out there today that are dishonest and untrustworthy, …show more content…
Some people call this legalized bribery. As former Rep. Romand Mazzoli once said: “People who contribute get the ear of the member and the ear of the staff. They get the access. Access is power. That’s how this thing works.” Some politicians do admit to the influence of evil in the government. However, many of them are not ashamed by it. So long as there is money in this world, corruption is always inevitable.
Money is something that everyone loves. It is also a “necessary” thing to have in this world. As Senator Robert C. Byrd once said in an interview: “Money! It is money! Not ideas, not principles, but money that reigns supreme in American politics!” In this world, everything is run by money. So long as someone has a lot of it, they have the power to do what they please and convince people to look the other way because of a payout under the table. In essence, our democracy “for the people” has been transformed into a government for the highest …show more content…
As Jeffery Clements once wrote: “Corporations are not people.” People are brought down by evidence and eyewitness accounts. With companies, people are being bribed to stay silent and destroy evidence. A company is made up of one or multiple CEOs and just bringing down one is already tough. Companies and corporations are more private about their lives more than the government.
Everything is on social media and blogs these days, from secret celebrity crushes all the way up to secret government projects. But yet, the work that corporations do is extremely exclusive. As Jeffery Sachs once said: “Corruption thrives in the dark, yet more information than ever comes to light through email and blogs, as well as social networks.” If the bribing of a U.S senator happens, it is never mentioned on the internet. Even if someone is caught corrupting the system, they don’t get convicted for it.
If corruption is found within a corporation, the CEOs and executives will not be penalized for it. Jeffery Sachs once said: “Impunity is widespread- indeed most corporate crimes go unnoticed. The few that are noticed typically end with a slap on the wrist, with the company picking up a modest fine.” When companies are fined for malfeasance, their shareholders, not their executives and managers, pay the