Around here, it's usually the government activities that lead to collusion, corruption, inefficiency and higher prices. The Kelo decision is a good example.
> Around here, it’s usually the government activities that lead to collusion, corruption, inefficiency and higher prices. The Kelo decision is a good example.
Government corruption does happen in NZ, but it tends to be small-time stuff by lone operators and usually not at a senior level.
The really mind-blowingly astonishing corruption is usually orchestrated and driven by the private sector here, and may also involve some hi-level governmental protection.
Probably the best known (and certainly not the only) example of this was the “Winebox Affair”, a conspiracy to defraud the revenues of Nations around the globe using fraudulent tax receipts from the Cook Islands, a NZ Protectorate.
Amazingly, tho’ the conspiracy was blown wide open, no convictions were ever entered — leaving little doubt of hi-level protection from somewhere.
How much money was ultimately defrauded is any man’s guess.