FORMULA FOR CORRUPTION
Do have a look around, think about it, and see whether this formula is accurate or do you see that there are other factors too which contribute to corruption.
This morning while browsing through my old diaries I chanced upon something interesting – a formula for corruption told to me by one of my colleagues which I had jotted down.
Corruption = Monopoly + Discretion – Accountability
Or simply put:
C = M + D – A
where
Corruption (C) equals Monopoly Power (M) plus Discretionary Power (D) minus Accountability (A).
Going by this formula, it seems simple to reduce corruption isn't it?
You just have to reduce monopoly (by increasing competition) eliminate discretionary powers (by transparent and participative decision making) and fix precise and proper accountability.
If it is indeed so simple to control corruption, then why don't we do it?
FOOD FOR THOUGHT - Think about it.
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