A few days ago I had a post evaluating Elizabeth Warren as a candidate for President. Needless to say, the evaluation wasn’t very favorable. But that post touched only lightly on a subject that Warren has sought to make a centerpiece of her campaign, namely political corruption. I thought that that subject deserved a post of its own.
First, some background. If you have been reading Manhattan Contrarian long enough, you know my view that government is inherently corrupt. The government consists of human beings, and it’s just part of human nature that people will act in ways to help those who somehow further the financial and career interests of the government officials. As one example among many of my posts on this subject, here is one from August 2016 covering the Clinton Foundation. The Clinton Foundation had collected some $2 billion in donations in the period 2001 to 2015, supposedly for charitable works. During most of that period, Hillary Clinton had been either running for President or serving as Secretary of State. A large percentage of the $2 billion came from people or governments with some major interest before the U.S. government or State Department. My post covers various government favors granted to certain of the donors. Meanwhile, tens of millions of dollars from the $2 billion went to support the personal lifestyles of the Clintons and/or the employment of potential Clinton campaign staff. Nobody was ever prosecuted, and in any event it’s not clear what the crime would have been. . . .
The best we can hope for is a situation where the government allocates a relatively small portion of the resources of society, leaving people with relatively little incentive to engage in corrupt manipulation of government favors. But as long as there is government, there will be an irreducible minimum of inherent corruption.
You will not be surprised to find out that Elizabeth Warren’s view of the situation is exactly the opposite of mine. . . .Read More