China Versus USA?
At some point the US will be competing with China as a world power. Right now it looks as if, unless there are massive changes in the US systems, that China will take over as the world leader in commerce.

Corruption In China
There are however some comparisons that can be made. In China, compensation is promised to displaced people, but appears to never be paid. One wonders if it is actually paid out at the higher levels, but is 'absorbed' by individuals before it reaches the intended recipients. In any case, it is either not ever there, in which case the Chinese government are just feeding the people a pack of lies, or it is misappropriated via corruption. The end result is the same, and that is a public lack of confidence in those who are in  power.

Deception As A Business Ethic In USA
The above seems to align well with the capitalist corporate systems, where the promises are made to the workforce these days as a management tool, but are often just a pack of lies. One wonders if those doing the promising are also promising great things to the investors as well! I suspect so. And of course we have the mortgages that were deceptive, sold for a small gain for the selling agent, and at a great loss for the homeowner. A classic example of the way that the capitalist system (at its worst) is working, and not only in America.

Stinking From The Top Down
The end result in both cases is probably the same, lack of confidence, abandonment of support, obstruction of the corrupt process. In the corporate case my previous comments in this blog hold true - the company stinks only from the top down, as if it is the bottom that is bad, the top people have the power to correct that situation.
Likewise, in a governmental system, such as the one in China, if the officials at the top are aware of the corruption below, it is in their power to control or eliminate it. Or maybe they too are part of it, and will sell their country for personal gain over a short term as seems to be happening in the new non-expanding capitalist environment.

In both cases, to stand back and do nothing can only lead to failure.

There are no comments to this entry.