General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsGen Z revolt in Europe's most corrupt country
Oligarchs and friends of the government siphoned off 22% of Bulgaria's GDP in 2021...young people have had enough.
Permanut
(7,869 posts)Melon
(960 posts)Globally. Look at quality of life in countries with high corruption rates and the poverty it brings to the people.
harumph
(3,065 posts)But what constitutes such a crime should be very well defined. In other words, the bar must be very high. The parties to the crime must be proven to have been (not just) aware of the crime but aided the crime by active measures such as colluding with other companies (e.g., price fixing) or the proffering of bribes to public officials, insider trading. Being simply aware of theft, bribery and other financial corruption (and not reporting it), should carry a lesser but still severe punishment. In order to scare people who apparently (as we now know) lack any morals or social conscience, there would need to be very strong banking and corporate transparency laws so that shell companies and the like are more easily tracked. Rent seeking behaviors by the market would be monitored. IOW, these m'fers require some department looking over their shoulder. Said department should be constitutionally created by amendment - given extraordinary investigative powers - mandatory funding and excluded from so-called government shutdowns and protected from political pressure or meddling. Basically it would be similar to the DOJ but specifically for financial corruption. I would elevate financial crimes of theft above other types of thefts. The financial class and their political helpers are openly stealing from our children's' future which will mean the loss of job opportunities, lack of healthcare and impoverishment and death. IMO, the only corruption crime that should carry the death penalty would be knowingly supplying our military with defective equipment - like the cheap "bullet-proof" vests some jackhole contractor sold the DOD in the Iraq war. For that you get the firing squad.