Private Sector Corruption VS Public Sector Corruption

We're familiarised that corruption within ”The System” or the public sector or the state has long been a thorn for every country, in the past, nowadays, and future. There isn't a year or month or week or day where an individual, knowingly-unknowingly, isn't witness to some shape, form, and/or appearance of corruption in the daily life. Whether it is constructing or repairing roads, bridges or holes & whether he watches or reads in the news that a corporation, commercial bank, or a transnational company is being suspected of wrongdoings that'd be the antithesis to incorruptibility. Nevertheless, corruption within the state mechanisms, on all levels, is a lot more dangerous (and it should be) in the eyes of the beholders.

However...

Despite corruption being condemned in the public sector, on the other hand, the private sector doesn't face the same sternness from society. Sure, you'd get pundits or columnists or commentators saying a piece of their mind into the matter discussed, yet corruption within private sector is, largely speaking, ignored or downplayed into a mirage of self-pity & bitterness from those that see it.
The private sector is plagued, but not limited to: favoritism, nepotism, cronyism, fraud, money laundering, cooking the books, and overwhelmed lawsuits according to costs, These are just a couple of examples.
Not only that but I've actually read (it wasn't a case of trolling, it would'e been obvious,the person was dead serious) that somebody I was communicating with believes that corruption within the private sector is ”A-ok”, while corruption in the public-state sector is a problem. How is this not a clear-cut example of cognitive dissonance?

What can be done, fixed, patched, and minimise the impact of corruption in the private sector?

i think we all know what teh solution is

>Ancom
>solution

Strike the source of the problem. All of this is done for the profit motive. Only long term solution is what said

>implying a socialist revolution cannot be corrupted for the very workers

He's got it. Abolishing both is objectively the best solution.

>implying I don't know what is Reform or Revolution
That is I l didn't mention what path to ancom must be taken

So anarcho syndicalism is the solution?

I don't want to derail this thread about the causes, examples and solutions of corruption to be about anarcho-syndicalism, sorry. Maybe in another thread in another time Polite Sage

>give a solution
>not give an argument

Hmm... ok.

>Doesn't see that getting rid of state and private property will get rid of corruption in state and private sector by.
>expects to be spoon-fed by Captain Obvious

Private sector corruption leads to public sector corruption. The most earning industries are also very embedded in the decisionmaking process, like financial lobby. Also many decisionmakers are ex-CorporationX and after their gig is done in politics, they return to their earlier employer.

>anarchism get rid of the state and property

Awesome, I can't imagine how an anarchist territory could not work and survive in a world filled with belligerent, more organized, powerful military states.

Oh I see you are arguing in bad faith in order to distract this thread discussing very real problems under capitalism to shit on ancom with shitty memes

Stay on topic, faggot. This thread is about corruption, not about anarchism.

>bad faith

Sorry by trigger you, but if you say anarcho X is a solution for curruption at least have the balls to made an argument.

Thread ruined from the very beginning
sage

One ought to remember that when talking about public vs. private corruption is that private corruption is, in many cases, legal. Limited companies can do whatever they like (mostly) when it comes to hiring practices and profit allocation. Publicly listed companies have more regulations tied to their activities, but that is because they need to safeguard the investor.

For some reason though, there's a level of criminality present in the financial industry in particular. We don't talk about Alphabet, Apple or CAT when talking about money laundering scandals or book cooking. Financial industry also lobbies HARD for less regulations relating to the instruments they're peddling and has a "revolving door" to the goverment. For example, Larry Sommers, who vehemently opposed regulation of OTC-derivatives and was in favor of gutting the SEC. Guess who he now consults for through his one-man limited stock company after his gig in politics? The big Wall St. financial firms.

Private sector corruption is only possible if there's public sector corruption.

Public sector corruption stems from private sector in capitalist societies

Public and private corruption exist when there is a weak law state, the only way to correct it is constant vigilance and state coercion.

What if said state is captive of the private sector?

Like USA?

That and the EU

A coup, Military Junta, or revolution could happen

>Not liquidating the Kulaks

Even Trotsky wants you niggas dead

The coup will keep everything in place though

Why hasn't one occurred in the USA, which is the most comical example of private sector hijack?

>Why hasn't one occurred in the USA
Not to mention what will soon happen

Usa still have stability and strong control of the economy (sort of), and even with corruption, people can continue their lives more or less.

T H I C C