unabated corruption is eventually self-defeating.
This is one of those posts where I'll probably piss people off on all sides, but as usual, I don't care.
I'll start off with the statement that without corruption, communism would have actually worked. It was a grand idea. Everyone should share equally in the wealth. There were other contributing factors to the failure of communism, but the main failure was unabated corruption. The apathy of the working class was also a big factor, but I would argue that labor became apathetic only when they figured out that rewards were not connected to effort. If the system worked as it was sold, labor would be even more enthusiastic to work harder since the rewards should have been greater compared the rewards of basic labor in a Capitalist system.
What perpetuated the corruption? Power. Communism needed a huge amount of people in power to make sure the people got what they deserved. Despite the best intentions of any of those people, they are going to insure that they take care of themselves before the rest of the population. Once they get a taste of putting themselves first, it becomes really easy to push the people farther and farther down the food chain.
How does this relate to all other corruption? Well it demonstrates that any corrupt group will do what they can get away with until they can no longer get away with it. In other words, corruption is eventually self-defeating. The problem is that innocent people pay for corruption even in the fall-out. Now some of you will argue that we need government to step in and regulate before that fall-out occurs. I'll argue that we are just handing over power and corruption to government to take advantage of as long as they can before the same collapse.
So what is the answer? You have to dilute power as much as possible and give it to John Q Public. I am amazed on how we as a group can pick out a pump and dump stock in less than 5 mins and yet some of us feel that we need a government agency to protect us from these scammers. The regulating body costs more than what they are protecting us from. This isn't even including the corruption that comes with that power.
As Alstry says, we live in a digital age. The collective mind on the internet can successfully police fraud at close to zero cost. It can police it even better once we remove our political biases in our own posts, but I believe that we are at least 5 to 10 years away from that.
Can less be more? I think so. Is there any alternative answer that will work by handing over power to anyone to look out for us? I think not. Absolute power corrupts absolutely.