Unethical Practices Quotes
Executed by the English for his part in the Easter Uprising.
In the early 20th century, the corruption in America was much worse than it is today. At the time, it was very common for members of Congress and State Legilators to take bribes from corporations whose interests they protected. Franchises, subsidies and other forms of corporate welfare was much more common. The reforms of the 20th centuries eliminated much of the corruption. At the same time, Americans, including Ms. De Cleyre knew much less about the details of foreign country’s foibles and weaknesses. So she underestimated the degree of corruption of foreign nations and made her judgment from the extensive corruption that then existed in the United States.
This was a best seller when published in China. It is surprising to many that the Chinese censors even allowed it to be published.
While not every person in the stock market was dishonest, a large number were, and the system itself was inherently unfair and disadvantaged the average investor. Despite the many reforms attempted over the years, as the 2008 meltdown proved, the same problem was still with us. Capone was essentially right then and even today.
What makes this quotation memorable is that fact that it was public stated. Presidents have almost never gone into a local area and publicly stated that one of its governmental institutions was corrupt. Moreover, the corruption had not only gone on with the laxity of the state and city officials who had been Republicans and of the President’s own party—Democrats. The speech was, surprisingly to some, very warmly received by a public and political audience who had known of the corruption for years, but finally someone was trying to do something about it.
the prophet was hostile to all forms of monopoly which in his time for almost always granted through political corruption and favoritism. Before Christians even considered the issue, Islam considered monopolies anti-consumer and contrary to the interests of the Muslim society.
It took until the Presidency of Theodore Roosevelt until monopolies were regulated. Like many of the rapacious businessmen of his era, bribery of public officials was so common that he had no problem admitting this to a reporter who was interviewing him. His father Cornelius, one of the great, creative industrialists of America, was not at all of the same mindset or the same corrupt character and saw corporations and the Railroads as having an important role in America with substantial obligations to the society which enabled the economic development and supported the railroads. He described his son as a “blockhead”. William goes down in American history as the arrogant industrialist and capitalist whose wealth was produced by his talent of being born to the right father who built the great empire. At that time the bribery of members of Congress was direct with cash going directly into their pockets, unlike modern times where it is indirect in the form of Campaign contributions.
1st Earl of Beaconsfield
