Tag: Systemic Corruption

Managerialist and consultancy deceits: PWC and others – Pearls and Irritations

Many people together having an idea symbolised by icons on cubes on wooden background

Ever since the British East India Company was established, and declared the best systemic model for doing business for joint profit, corporations have been acting as pirates knighted and blessed by governments to operate at will. In fact today Corporations have grown so large they manipulate governments in a way that brings the relationship nearer to Mussolini’s Fascist dream.

Occasionally however reality bites and their criminality reveals itself as we saw with the Pandora Papers and now consultancies and PwC. The pity of it all is the system has never really changed. Back in the day the British MPs and the Crown were all corporate investors. Today MPs flock to get jobs after politics in these mega-corporations which is a return for favors past.

A few individuals may or may not be singled out as rogues and left unpaid too hot to handle. An enormous PR push will be bought, set in place, and like after the Pandora Papers everything will settle and go back to normal

Sudden political excitement about the unethical, almost certainly illegal conduct of a large, too big to disappear, accountancy company, deflects attention from the primary site of a cancerous managerialist disease. That site was infected with the idea that individuals labelled managers, usually but not always accountants, could be trusted to decide how government departments, universities, hospitals and other public institutions, could be more cost effective.

Source: Managerialist and consultancy deceits: PWC and others – Pearls and Irritations

The known unknown: Inside Australia’s $3 billion food fraud puzzle

Food fraud is suspected to be a $3 billion industry in Australia.

Corporate crime slap on the wrist Indigenous crime incarceration and we declare systemic racism and class bias doesn’t exist.

Regulation needs more teeth. At the moment, there aren’t really harsh penalties associated with product fraud, says Ms Lester. “If you get caught, it becomes a media story and you get a slap on the wrist, but there’s not really a way to regulate that.” This is more the case when the product is being exported. “That requires a global response. It’s not something we can turn around easily.”

Source: The known unknown: Inside Australia’s $3 billion food fraud puzzle