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The socialistic nature of many third world economies breed gross corruption and contribute to lawlessness, scaring away foreign investment. It is self evident that a government with little power cannot be corrupt. For example, reminiscent of the old Kings of Europe, in many African countries the richest men are all in the government. The BBC reports the comments of Jeremy Pope, head of anti-corruption watchdog group Transparency International:
"What has been revealed is a hopelessly corrupt political elite - a political class across the spectrum that simply sees politics as a way of becoming wealthy," Mr Pope says. "As long as politics is seen as the path to wealth, then Africa is on a downward path."
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Zim.
Mad Poet Strikes Again.
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