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Afra Raymond: Three myths about corruption

Trinidad and Tobago amassed great wealth in the 1970s thanks to oil. But in 1982, a shocking fact was revealed — that 2 out of every 3 dollars earmarked for development had been wasted or stolen. This has haunted Afra Raymond for 30 years. Shining a flashlight on a continued history of government corruption, Raymond gives us a reframing of financial crime. (Filmed at TEDxPortofSpain.)

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Comments

  1. A very interesting, intelligent and charismatic man. I wish there were more people like him. Cheers man and good luck!

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  2. That unwanted stage when your brother (who’s been a loser for a long time) gets a beautiful girl to fall in love with him in 2 weeks? Shit, that just occurred. I believe I should be happy even so I would rather it to be me. He smiled as he told me he learned from the Cupid Love System (Search for it in Google). I want to hide out in a cave at this point.

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  3. Interesting … Rightly says, " Where you have an expenditure of public money, and it is without accountability and it's without transparency, it will always be equal to corruption — whether you're in Russia or Nigeria or Alaska.”

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  4. theres still "alot" of blind people out there,people need to search for these type of uploads and get educated on what fools we have all been made of.

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  5. it appears that the revolution in T&T is not being reported. There IS a revolution going on now, after hearing this talk, isn't there?

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  6. Right…

    So if private interests are paying MASSIVE bribes to *all* candidates, what does that tell us?

    It means that they get MORE back than the total paid in ALL bribes (contributions), which means that GOVERNMENT was big enough, in terms of power, to make it worth their while.

    Q: If government had NO power (small government), then what would the return be for all bribes paid to officials?

    A: ZERO.

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  7. Nobody said that size is correlated to corruption.

    All that has been said is that size increases the potential for corruption.

    N. Korea is essentially a 100% government controlled economy… a government close to a maximum.

    You are therefore saying that N. Korea has many checks and balances, and that because of this, the N. Korean government is unlikely to ever go out of bounds.

    Are you feeling stupid yet?

    Hint: "Checks" STOP government, automatically shrinking its power.

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  9. Also, size of government doesn't have any correlation, let alone causation, to corruption. Indeed, with larger governments, you'll have to have more checks and balances in place to keep any branch of government from stepping out of bounds. These checks and balances are the very thing that forces a government into a state of transparency, and consequently combats corruption.

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  10. Transparency is soft value, yes, but in contrast its quite easy to compare. Take the US political system, for example. There it is legal and indeed paramount to having a chance at reaching public office to take bribes from private interests, in return for secret pacts about what your policies are gonna be. In Sweden, parties do their campaigning on a limited allowance of taxpayer money, so that there's a level playing field, as free of corruption as possible.

    Reply

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