Ethics? Rules? Cheating?
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Ethics? Rules? Cheating?
If everyone in the Business, Economic and Political world would play by the rules and be ethical - what kind of world would we have?
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How free market ideology perverts the vocabulary of democracy – Jason Stanley | Aeon Opinions

Why is there no outcry about these oligarchical and aristocratic methods? Is it because plutocrats have power over the mechanisms of representation and repression? Is it, in short, about power? In my view, power can’t explain why voters are so enthusiastically voting for the very people who promise the least democratic outcomes. Nor are Americans knowingly rejecting democratic ideals. Instead, I see an anti-democratic ideology at work, inverting the meaning of democratic vocabulary and transforming it into propaganda.
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From Panama to London: Legal and illegal corruption require action at the UK anti-corruption summit

From Panama to London: Legal and illegal corruption require action at the UK anti-corruption summit | Ethics? Rules? Cheating? | Scoop.it
The leaked information in the Panama Papers from the law firm Mossack Fonseca has captured the headlines for weeks and will continue to do so as further names are exposed. The scandal has placed Panama in the limelight and provided an unprecedented glimpse into the world of hidden money and tax avoidance. To understand its broader context, it is vital that we distinguish between legal corruption, like that exposed by the Panama Papers, and illegal corruption, like that exposed by the Unaoil scandal. Governments must seize the moment to take decisive action against both.  

The U.S., the U.K., and a range of other countries will announce commitments to combat corruption at the Anti-Corruption Summit on May 12, championed by Prime Minister David Cameron as a game-changing event. The question is whether these commitments will deliver concrete actions that target the most costly kinds of corruption that flourish globally today.  

Unfortunately, the world often engages in “summitry” filled with communiques, calls for coordination and exchanging information, or creating another toothless generic initiative, which offer media and photo opportunities that fulfill particular political objectives for some leaders. Let us see if it’s different this time.
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pdeppisch's comment, May 16, 2:22 PM
The reason I am pessimistic about our civilization because we had working civilizations before and they crashed. The Roman Civilization was followed by the "Dark Ages" and we just recently re-discovered how to make better concrete the way the Romans did. http://www.romanconcrete.com/docs/spillway/spillway.htm So - these days our modern world reminds me of the fall of Rome. And I think Spengler wrote a book: The Decline of the West https://en.wikipedia.org/wiki/The_Decline_of_the_West Read and weep! :)
malek's comment, May 16, 8:15 PM
The Sun will become a red giant after 5 B years, and the earth will die..a scientific fact.
pdeppisch's comment, May 17, 3:32 PM
Yes - and a giant black hole will swallow us! :)
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The Privatization of Childhood Play — Pacific Standard

The Privatization of Childhood Play — Pacific Standard | Ethics? Rules? Cheating? | Scoop.it
With playdates replacing free childhood play, it’s upper-class families who set the social norms — and working-class families who pay the price.
By Malcolm Harris
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Unemployment for young black grads is still worse than it was for young white grads in the aftermath of the recession

The black unemployment rate is typically twice as high as the white unemployment rate, and African Americans are often the last to feel the economic benefits during a recovery. These realities are reflected in the fact that the unemployment rate for young black graduates is still worse today than it ever was for whites in the aftermath of the Great Recession. Young black college graduates (age 24–29) currently have an unemployment rate of 9.4 percent—higher than the peak unemployment rate for young white college graduates during the recovery (9.0 percent). Young blacks with only a high-school degree (age 17–20) face a grimmer picture: an unemployment rate of 28.4 percent, which is also higher than the peak unemployment rate for white high-school graduates during the recovery (25.9 percent).
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Fisheries Scientist Under Fire For Undisclosed Seafood Industry Funding

Fisheries Scientist Under Fire For Undisclosed Seafood Industry Funding | Ethics? Rules? Cheating? | Scoop.it
Ray Hilborn has a reputation for challenging studies showing declines in fish populations. But Greenpeace says its public records request has revealed a failure to disclose industry funding on papers.

Via PIRatE Lab
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PIRatE Lab's curator insight, May 13, 6:56 AM
Academic freedom or industry-leaning bias?  This seems to be more of a "fishing expedition" on the part of Greenpeace.  See Dr. Hilborn's rebuttal:

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Officials Arrested At 3 Nigerian Banks In Financial Crimes Investigation

Officials Arrested At 3 Nigerian Banks In Financial Crimes Investigation | Ethics? Rules? Cheating? | Scoop.it
Officials arrested at 3 Nigerian banks in financial crimes investigation. All said they were questioned concerning transactions carried out with “a client."

Via Moses Ogutu
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Investors Europe Stock Brokers's curator insight, May 13, 3:06 AM

Three top Nigerian banking executives arrested for financial crimes investigation

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No national referendum on nuclear waste importing? Just shonky “citizen juries”

No national referendum on nuclear waste importing? Just shonky “citizen juries” | Ethics? Rules? Cheating? | Scoop.it
Citizen juries to weigh SA nuclear dump https://au.news.yahoo.com/sa/a/31561735/citizen-juries-to-weigh-sa-nuclear-dump/ AAP on May 10, 2016 South Australians will be asked to take part in citizen juries to help decide whether the state should host a high-level nuclear waste dump. A jury of 350 voters will be asked to produce a report in November outlining the community's views on the proposed…

Via Garry Rogers
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What if tax reform was a fundamental human right?

What if tax reform was a fundamental human right? | Ethics? Rules? Cheating? | Scoop.it
Discussion about tax reform has been dominated by self-interest, with the real purpose of tax lost.

Via Share The World's Resources, Giannis Tompros
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#Panama Papers leaker says shell companies hide more than tax evasion #rigged #world #politics #Wallstreet

#Panama Papers leaker says shell companies hide more than tax evasion #rigged #world #politics #Wallstreet | Ethics? Rules? Cheating? | Scoop.it
RT @RawStory: Panama Papers leaker says shell companies hide more than tax evasion https://t.co/oLRa1OpdJm https://t.co/iEVahXQ9Yk
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Amazon and eBay hosted ads for banned invasive species

Amazon and eBay hosted ads for banned invasive species | Ethics? Rules? Cheating? | Scoop.it
Unregulated traders are using the sites to sell some of the world’s most invasive plants, with potentially devastating impacts on ecosystems
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TCI: 'VW management rewarded for failure' | Business | DW.COM | 06.05.2016

TCI: 'VW management rewarded for failure' | Business | DW.COM | 06.05.2016 | Ethics? Rules? Cheating? | Scoop.it
One of Volkswagen's shareholders, London-based hedge fund TCI, has lashed out against the German carmaker's generous pay for executives. It claimed top managers had for years been rewarded for mistakes.
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Three more companies face shareholder wrath over executive pay

Three more companies face shareholder wrath over executive pay | Ethics? Rules? Cheating? | Scoop.it
Investors revolt over pay at AGMs of Ladbrokes, Reckitt Benckiser and Carillion, following rebellions at BP, Shire and others

Via Graham Watson
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Graham Watson's curator insight, May 6, 6:01 AM
Strange to relate, but the Gaurdian has once again highlighted the issue of executive pay, and in all fairness the defence offered by the companies themselves is typically feeble.
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A case study of how the ultra-wealthy spend millions to get what they want in school reform

A case study of how the ultra-wealthy spend millions to get what they want in school reform | Ethics? Rules? Cheating? | Scoop.it
'Questioning the work of mega-philanthropists is a tricky business. Many readers of this article will be fuming in this way: Would you rather let children remain illiterate, or allow generous people to use their wealth to give them schools?
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ISDS: Court condemns tobacco giant Philip Morris over secret bid to sue Australia

ISDS: Court condemns tobacco giant Philip Morris over secret bid to sue Australia | Ethics? Rules? Cheating? | Scoop.it

An international tribunal has unveiled a secret ruling confirming it rejected a bid by tobacco giant Philip Morris to sue Australia over its plain packaging laws, calling the attempt “an abuse of rights”.

In its heavily redacted 186-page ruling dating from 17 December 2015, the permanent court of arbitration said it had no jurisdiction over the case brought by Philip Morris.

In 2012 Australia became the first country to mandate that cigarettes must be sold in plain packages, in an attempt to reduce smoking rates. This initiative has since been followed by other nations including France and Britain


Via Svend Aage Christensen
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The Fig Leaf That Covers State Crimes In Turkey

The Fig Leaf That Covers State Crimes In Turkey | Ethics? Rules? Cheating? | Scoop.it
The World Humanitarian Summit (WHS) will be held under UN auspices in Istanbul from 23-24 May 2016. While the participants are entertained Turkish style, the government of Turkey will continue to be a major destabilising force in Syria and kill its own civilian citizens in Kurdish towns and cities in the name of fighting terrorism. This is a tragic sign of the extent to which moral, institutional and political decay has pervaded national and international politics alike.

The summit should be deplored and boycotted for two reasons. First, it unashamedly reduces a humanitarian crisis into a development issue, the root causes of which are ignored. Secondly, the summit will have the unintended consequence of emboldening the Turkish government in its atrocities against its own citizens and in its meddling in Syria.
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How Bad Biology is Killing the Economy - Evonomics

How Bad Biology is Killing the Economy - Evonomics | Ethics? Rules? Cheating? | Scoop.it
The CEO of Enron – now in prison – happily applied ‘selfish gene’ logic to his human capital, thus creating a self-fulfilling prophecy. Assuming that the human species is driven purely by greed and fear, Jeffrey Skilling produced employees driven by the same motives. Enron imploded under the mean-spirited weight of his policies, offering a preview of what was in store for the world economy as a whole.

An avowed admirer of Richard Dawkins’ gene-centric view of evolution, Skilling mimicked natural selection by ranking his employees on a one-to-five scale representing the best (one) to the worst (five). Anyone with a ranking of five got axed, but not without first having been humiliated on a website featuring his or her portrait. Under this so-called ‘Rank & Yank’ policy, people proved perfectly willing to slit one another’s throats, resulting in a corporate atmosphere marked by appalling dishonesty within and ruthless exploitation outside the company.
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How to Get Away With Dictatorship in the Age of Democracy

It was a frigid winter in Uzbekistan and Sanjar Umarov stood shoeless and shivering in the middle of the prison courtyard for hours, fighting the freezing cold. It was torture. But his punishment was light in comparison to the other prisoners, he knew. He could hear their bloodcurdling screams. Like him, a notorious opposition leader, many were guilty of simply standing up to the president, Islam Karimov.

Umarov and the men and women who shared his pain in that Uzbek prison are not alone, of course. Political repression has survived the end of the Cold War and the advent of the internet quite nicely, thank you — just look to Bashar al-Assad’s Syria or Robert Mugabe’s Zimbabwe. Indeed, 2,600 years after its birth in Athens, democracy is having a tougher go of it than one might expect. In its 2015 Democracy Index, the Economist Intelligence Unit reckons that just 12 percent of the world’s population lives in what it calls “full democracy,” down from about 15 percent in 2014. Three in 10 people live under regimes where challenging the status quo is likely to land them in prison, get them tortured or worse. The headline of a survey by the nonprofit Freedom House tells a similar tale. Its title: “Discarding Democracy: Return to the Iron Fist.”
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Don Macpherson: Quebec's political divisions contribute to corruption in the construction industry

Don Macpherson: Quebec's political divisions contribute to corruption in the construction industry | Ethics? Rules? Cheating? | Scoop.it
Corruption in the construction industry is not only a Quebec problem. It’s a global one, says the anti-corruption movement Transparency International.

But one local expert says that in Quebec, additional factors contribute to corruption that are particular to this province. One of them is the division over Quebec independence.

Denis Saint-Martin is an internationally respected professor of political science at the Université de Montréal. He is among seven concerned citizens who this week announced the formation of a non-partisan monitoring committee to pressure the Couillard government into applying the recommendations of the Charbonneau inquiry.

Other members include Peter Dent, president of Transparency International Canada and a partner in the Deloitte Canada accounting firm; Peter Trent, mayor of Westmount; and Gilles Ouimet, former president of the Quebec bar association and until last year a Liberal member of the National Assembly.

In a paper delivered at last year’s meeting of the American Political Science Association, Saint-Martin identifies three factors particular to Quebec that contributed to the corruption in the construction industry exposed in recent years.

He traces these factors back to the rise of modern Quebec nationalism in the “Quiet Revolution” of the early 1960s.

The first factor identified by Saint-Martin is the economic nationalism that made public policies “partial towards French-speaking and Quebec-based businesses.” In the engineering sector, major firms such as SNC-Lavalin “(used) their dominant positions as ‘national champions’ to engage in cartel-like practices to raise the price of construction projects.”

The nationalization of private electricity companies under Hydro-Québec and the latter’s policy of preferring French-language businesses for contracts for its megaprojects played a “key role” in the development of several large engineering firms able to compete in world markets.

Over the years, mergers and acquisitions created an “oligopoly” of a small number of firms competing for public contracts. And “collusion most often takes place within the market structure of oligopoly.”

The second additional factor in corruption in Quebec is the centralization of power in the hands of the provincial government. This resulted in weak municipal bureaucracies, which made the municipalities “easy prey for corrupted interests.”

Via Jim Wesberry, Dorothy Retha Cook
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More Bad News For Facebook

More Bad News For Facebook | Ethics? Rules? Cheating? | Scoop.it
A new report published by the Guardian Thursday states in no uncertain terms that the social network relies on “human intervention at almost every stage of its news operation.” The paper published a 21-page leaked Facebook document showing guidelines for the social network’s news editors that include information about how they can “inject” stories into the site’s Trending Topics module under certain circumstances. Gizmodo made the same allegations earlier this week but did not publish corroborating documents.
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Ivy League economist ethnically profiled, interrogated for doing math on American Airlines flight

Ivy League economist ethnically profiled, interrogated for doing math on American Airlines flight | Ethics? Rules? Cheating? | Scoop.it
Move over, Clock Boy. Another swarthy-looking nerd is alarming the authorities.

Via Demarcio Washington
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Through the revolving door: #Fenech’s drift into corporate world reveals connections with former #BOV officials #Panama #corruption

Through the revolving door: #Fenech’s drift into corporate world reveals connections with former #BOV officials #Panama #corruption | Ethics? Rules? Cheating? | Scoop.it
MPs' declaration of assets: Tonio Fenech is chairman of advisory firm wholly-owned by a British Virgin Islands company and acts as company secretary to trust specialist firm in Jersey, another tax haven...
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#Polluters In South #Carolina Are About To Get A Huge Boost From The State House #corruption #politics

#Polluters In South #Carolina Are About To Get A Huge Boost From The State House #corruption #politics | Ethics? Rules? Cheating? | Scoop.it
A bill making its way through South Carolina's state legislature will take environmental enforcement out of the hands of citizens.
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Panama papers: Oil firm avoids tax in Uganda | All media content | DW.COM | 06.05.2016

Panama papers: Oil firm avoids tax in Uganda | All media content | DW.COM | 06.05.2016 | Ethics? Rules? Cheating? | Scoop.it
Tax evasion in Africa costs the continent $50 billion every year. That money could be used to build badly-needed hospitals and schools. In Uganda, one company has managed to avoid paying $400 million in tax by registering in Mauritius.
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Panama Papers: US launches crackdown on international tax evasion

Panama Papers: US launches crackdown on international tax evasion | Ethics? Rules? Cheating? | Scoop.it
Barack Obama is taking executive action to close loopholes used by foreigners in US, White House announces
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#Panama Papers #City of London seen as tax haven at centre of worldwide system, says John McDonnell #NuitDebout #occupy

#Panama Papers #City of London seen as tax haven at centre of worldwide system, says John McDonnell #NuitDebout #occupy | Ethics? Rules? Cheating? | Scoop.it
The City of London is seen as a "tax haven" at the centre of a worldwide system designed to help the super rich avoid paying tax, John…

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