Just look around you….Everywhere we look we find corruption, at every level, at the corporate, personal, public, private, etc., you name it. And keep in mind that what we see and hear about is just a small fraction of the massive corruption that remains under cover.
The IMF (International Monetary Fund) has determined that global corruption costs government over $1 trillion dollars in tax revenue.
According to the U.N., the global economy loses $3.6 trillion to corruption each year. As Secretary-General António Guterres puts it “corruption is an assault on the values of the United Nations.”
The U.N. lists corruption as “one of the biggest impediments to achieving the 2030 Sustainable Development Goals.”
They are wrong. Corruption is THE biggest impediment to achieving the 2030 Sustainable Development Goals. Ironically, the biggest golden bureaucracies around the world, like the United Nations, The World Bank, FAO, IFM, etc., with highly paid employees with a history of failed development projects, are also part of the corruption pandemia.
Corruption can take a myriad of shapes and forms: tax evasion, bribery, embezzlement, money laundering, nepotism, cronyism, etc., etc.
Regardless its form/shape, corruption has a high price that must be paid. And, in the short term, that price is usually paid by those who can least afford it, namely, the poor.
Corruption seems self-perpetuating, leading to more and more corruption, instability, poverty, weaker institutions, lack of basic services, higher unemployment, more environmental degradation, etc.
Fortunately, though, corruption is not sustainable, for it’s a degrading downward spiral.
But what is the ‘source’ of corruption?
Like anything linked to human behavior, it is not just about the individual, i.e., lack of integrity (values, morals, ethics, etc.). But it’s also about the prevailing environment, i.e., lack of a sound judicial system and respect for the rule of law.
Is there any hope?
Absolutely, especially given the increasing power of millennials who know better and have a higher purpose for their lives.
And now, thanks to technology, we can twit corruption away or ensure total transparency in any process through the power of Blockchain and a Tropophilic Workforce!
Let’s eradicate corruption.
Here’s To A World Free From Corruption!
JC Wandemberg Ph.D.
President & Founder
About the author: Dr. Wandemberg is an international consultant, professor, and analyst of economic, environmental, social, managerial, marketing, and political issues. For the past 30 years Dr. Wandemberg has collaborated with corporations, communities, and organizations to integrate sustainability through self-transformation processes and Open Systems Design Principles, thus, catalyzing a Culture of Trust, Transparency, and Integrity.