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Corruption

  • Unchecked power always breeds conrruption

National vs. International

International organizations are becoming increasingly powerful but there are no accountabilities for them. That's why they inevitably corrupts.

Example of international organizations

  • World bank:

    • For small and medium companies in poor countries
    • Rich countries put in money and lend out to poor countries
  • IMF:

    • For advice on government policies
    • The IMF was established in 1944 in the aftermath of the Great Depression of the 1930s. 44 founding member countries sought to build a framework for international economic cooperation. Today, its membership embraces 190 countries, with staff drawn from 150 nations.
    • https://www.imf.org/en/About
  • International Olympics Committee

    • Easy to be bought to decide who gets to host the Olympics