Capitalism today is, in the words of Joseph Stiglitz, a capitalism of pals. Favors employers, relatives, government contracts awarded to friendly companies, planning of infrastructures at the service of private interests. The corrupt ties that connect politics with economic life come to light only from time to time, and always pushed by the most spectacular cases or those few lawsuits that manage to thrive. We learned only anecdotes, from corruption to the retail, but never large cases. Among other things because the judges, prosecutors, lawyers of the State and the media are responsible for silencing them.
In many cases, the pressure exerted from the highest spheres of economic and political power achieve always avoid demands and complaints involve significant sanctions and that it discourages corrupt practices. Jumps to the private sector mean not only an extraordinary improvement in the Payroll, but also to stay in power structures. According to a survey on economic power in Spain, held this year in the University of Vigo, a small elite representing 0.0035% of the population effectively controls an equivalent to 80.5% of the Spanish GDP. Thus was born his uncontrolled economic power, which mingles diffuse and dangerously with political power, weaving a network of exchange of favors and corrupt concessions and radically anti-democratic. It is urgent to take radical and effective measures against the favoritism and corruption.
We must review all current democratic mechanisms, since the funding of political parties until the laws of compatibility of public offices. And it is urgent to improve the judicial system and establish fairer legislation and copies for those who intend to make public their private business.Money or democracy. That is the question. Juan Torres Lopez and Alberto Garzon Espinosa University of Malaga original author and source of the article.