Political scientist Robert Rotberg on failed and collapsing Third World states (sounds increasingly like Malaysia, doesn’t it?) :
“Failed states offer unparalleled economic opportunity—but only for a privileged few. Those around the ruler or the ruling oligarchy grow richer while their less fortunate brethren starve. Immense profits are available from an awareness of regulatory advantages and currency speculation and arbitrage. But the privilege of making real money when everything else is deteriorating is confined to clients of the ruling elite or to especially favored external entrepreneurs. The nation-state’s responsibility to maximize the well-being and personal prosperity of all of its citizens is conspicuously absent, if it ever existed.
Corruption flourishes in many states, but in failed states it often does so on
an unusually destructive scale. There is widespread petty or lubricating corruption as a matter of course, but escalating levels of venal corruption mark failed states: kickbacks on anything that can be put out to fake tender (medical supplies, textbooks, bridges, roads, and tourism concessions); unnecessarily wasteful construction projects arranged so as to maximize the rents that they generate; licenses for existing and nonexistent activities; and persistent and generalized extortion. In such situations, corrupt ruling elites mostly invest their gains overseas, not at home, making the economic failure of their states that much more acute. Or they dip directly into the coffers of the shrinking state to pay for external aggressions, lavish residences and palaces, extensive overseas travel, and privileges and perquisites that feed their greed.”
The Malaysian Kleptocracy
Video: Dirty Money
The International Banking System's Complicity in Allowing Third World Kleptocracies to Flourish
Malaysia's General Election of 2013
Video: Malaysia's Election Scandals
Stolen Election ??
Zimbabwe's General Election of 2013
Another Stolen Election? (Less Crude, More Sophisticated)
Counter-Revolution in Egypt
The Return of Kleptocracy and the Police State
Scholarly Analysis of Repression, Elections, and Threatened Regimes
Wall Street Banksters
Kleptocracy in the First World Too?
Structural Adjustment Polices in Third World Nations, Greece, ..... USA
Long Term Effects of Kleptocracy
Music Video: Parody of Bee Gees Song
From a Conservative US Republican Party Point of View (Note that President Obama Bailed out Wall Street Banksters Without Punishing Them - Sometimes Political Conservatives Talk Sense :) )
Music Video: Fela Kuti's "You Be Thief"
Nigerian Music Star's Enduring Gift to the Kleptocrats of Nigeria
Corrupt Malaysia, in Cantonese
Advisory: Contains Expletives