Category Archives: Obtaining income through the government – rent seeking – corruption

Various terms have been used to describe obtaining income through the government that does not provide a good or service.  One of them is corruption.  This typically refers to acts that people consider corrupt, such as government officials taking government money that is not theirs.  People or firms not in the government can also obtain favorable treatment from the government.  Taxes can be avoided, for example.  This is sometimes called corruption and sometimes not.  Rent-seeking is a more neutral term used by standard economics.

Oppression and Exploitation News November 19 – 25

Damage to the U.S. economic and financial system 2020

Mnuchin to end key Fed emergency programs, limiting Biden Jeanna Smialek and Alan Rappeport New York Times November 19, 2020
The Treasury Department asked the Federal Reserve to return unused funds, downsizing the next secretary’s ability to restart the economic support.

A revealing report on the mid-March financial crisis Nick Beams World Socialist Web Site November 19, 2020 See the Financial Stability Board’s full report (60 page PDF file)

Harming people – Keeping people oppressed 2020

Trump’s attempts to overturn the election are unparalleled in U.S. history David E. Sanger New York Times November 19, 2020 (news analysis)
The president’s push to prevent states from certifying electors and get legislators to override voters’ choice eclipses even the bitter 1876 election as an audacious use of brute political force.

They championed Venezuela’s revolution. They are now its latest victims. Isayen Herrera, Anatoly Kurmanaev, Tibisay Romero and Sheyla Urdaneta New York Times November 19, 2020
In an effort to complete his consolidation of power, Nicolás Maduro is cracking down on the leftist activists who once supported him, but have begun to speak up against his administration’s corruption and cronyism.

Opposing oppression and injustice 2020

Uganda releases opposition leader after clashes kill at least 28 Abdi Latif Dahir New York Times November 20, 2020
Two days after police took him into custody, presidential contender Bobi Wine resurfaced on Friday in court where he was charged with flouting coronavirus rules and released.

‘Now, we fight face to face’: Thailand’s protests shatter taboos Hannah Beech and Ryn Jirenuwat New York Times November 18, 2020
Antigovernment demonstrations have grown bolder, even insulting the king, but reform remains elusive and fears of a crackdown persist.

Harm through the government 2020

Egypt arrests human rights leader, continuing crackdown on dissent Vivian Yee New York Times November 19, 2020
The head of a human rights group and two of its other staff members have joined thousands of opposition figures, protesters and activists already in prison.

U.S. to drop case against Mexican ex-official to allow inquiry in Mexico Michael S. Schmidt and Natalie Kitroeff New York Times November 17, 2020
The announcement by the Justice Department was an abrupt turnaround a month after the high-profile arrest of a former defense minister.

Slavery, forced labor 2020

Apple is lobbying against a bill aimed at stopping forced labor in China Reed Albergotti Washington Post November 20, 2020
Apple wants to water down key provisions of the bill, which would hold U.S. companies accountable for using Uighur forced labor, according to two congressional staffers….While U.S. law already prevents companies from importing goods that were made using forced labor, the law is seldom enforced, and it’s difficult to prove U.S. companies know about the use of forced labor.

Oppression and Exploitation News November 5 – 11

Discrimination against women 2020

The rape of India’s Dalit women: It’s all about gender & class subordination Stella Paul Inter Press Service November 2, 2020

Harm through the government 2020

A regulatory rush by federal agencies to secure Trump’s legacy Eric Lipton New York Times November 3, 2020
With the president’s re-election in doubt, cabinet departments are scrambling to finish dozens of new rules affecting millions of Americans.

Trump’s historic assault on the civil service was four years in the making Lisa Rein, Josh Dawsey and Toluse Olorunnipa Washington Post October 23, 2020

Struggle for control – Staying in power 2020

Peru President is impeached by Congress Anatol Kurmanaev and Mitra Taj New York Times November 9, 2020

Two West African presidents are out of terms. They’re running again, anyway. Danielle Paquette Washington Post October 16, 2020

Oppression and Exploitation News October 22 – 28

Harm through the government 2020

Democrats cannot cave to the Republican death cult on the stimulus bill Elie Mystal The Nation October 21, 2020
Liability protection might not sound like an issue worth fighting for, but lives literally depend on whether Democrats hold the line during stimulus negotiations.

Trump’s crony capitalism Anne O. Krueger Project Syndicate October 21, 2020
During his first presidential campaign four years ago, Donald Trump promised to change the way America does business. He has kept that promise: Now more than ever, America resembles the kind of crony-capitalist system that one more commonly associates with developing and post-communist countries.

Harm through the market 2020

Purdue Pharma pleads guilty to criminal charges for opioid sales Jan Hoffman and Katie Benner New York Times October 21, 2020
The Justice Department announced an $8 billion settlement with the company. Members of the Sackler family will pay $225 million in civil penalties but criminal investigations continue.

Tax Havens 2020

Goldman Sachs Malaysia arm pleads guilty in 1MDB fraud Matthew Goldstein and Emily Flitter New York Times October 22, 2020
All told, Goldman will pay billions in penalties and disgorgement in Malaysia, the United States and Hong Kong for its role in the looting of the 1Malaysia Development Berhad fund.

Opposing oppression and injustice 2020

Why Nigeria is now erupting Rick Gladstone and Megan Specia New York Times October 21, 2020
Africa’s most populous country and biggest oil producer has been convulsed by protests that started with anger over police brutality and have now broadened, drawing worldwide attention.