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Originally Posted by blazin
Fact of the matter is that America is as corrupt as most of these poor countries.
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Where do you get that "fact" from? "Transparency International", a German based group ranks countries according to the level of corruption. The US is ranked very low in corruption. In the bottom 15%.
It is less costly to operate extralegally than it is to operate legally in these countries. In the US, if you want to purchase a property or apply for a business license you can own it in about a month. In many of these countries that same process can take years - if ever. As a result, people resort to bribing local officials. This is the result of poor legal and judicial institutions.
It's not about people being more or less corrupt but rather systemic corruption which is a function of how well the legal system reflects the needs of people and businesses. Many of these nations are so corrupt that it hampers with the capitalistic process.