When the U.S.S.R. collapsed, Washington bet on the global spread of democratic capitalist values—and lost, argues analyst Franklin Foer. The looting elites of the former Soviet Union were far from… Read more »
Democratic polities are undermined “when the virus of illicit finance, hidden in the secret channels of the global financial network, infects a democratic system that depends on trust to survive,”… Read more »
In the 1960s and 1970s, scholars studying postcolonial states began increasingly to focus on corruption as an impediment to prosperity, notes journalist Oliver Bullough, the author of The Last Man… Read more »