The Triumph Of Greed

Tax evasion, tax avoidance, money laundering: institutionalised crime is so much part of the global economy. Then there is moral crime...

The (failed) reconstruction of Iraq, with almost no new infrastructure or working institutions to show for it, will be recorded as probably the largest site of embezzlement in history.

To slip towards crime, therefore, is to slip into an economic model in which wealth is no longer created in any real sense but only extracted from what already exists.

(An interesting article by Clive Dilnot - read here.)