To end corruption, start with the US and UK.
Gast-Beitrag von Jeffrey Sachs im Guardian, London
They allow it in broad daylight. Their support for shell companies, tax havens and impunity facilitate wrongdoing. Delegates at the Anti-Corruption summit should not forget that
The fight against corruption entails no small amount of absurdity, since so much of the corruption these days occurs in broad daylight. The corruption is so blatant, so indefensible, that attempts at justification are necessarily surreal. Recently, 300 economists, including me, made the point thanks to Oxfam’s mobilization. Prime Minister David Cameron’s job at Thursday’s Anti-Corruption Summit is not to whisper about the corruption of Nigeria or Afghanistan but to end the deep and historic role of the United Kingdom in this sordid mess. Ditto for the US and other major parties to the abuse. One of the pervasive elements of corruption is the use of shell companies, which are legal entities designed purely to protect real owners from disclosure, liability and accountability. When the Panama Papers were leaked, the law firm at the center of the disclosure, Mossack Fonseca, had this astounding justification: