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by rglullis
824 days ago
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"Power tends to corrupt and absolute power corrupts absolutely". Find me one example of institution that managed to go for any significant amount of time (say, longer than a decade) without facing corruption. I double-dare you. |
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One look at the world of decentralized crypto-currency more than proves that corruption is not limited to institutions.
Corruption seems inherent to humans, the difference is that institutions are well aware of this, and frequently set up controls and systems to balance power and fight the most obvious forms of corruption.