Thursday, January 7, 2016

Debunking the notion: "Better salaries for MPs could reduce corruption"

Expert: "Better salaries for MPs could reduce corruption" 
"This is the hypothesis of parliamentary oversight expert and World Bank consultant Prof Rick Stapenhurst, who delivered a lecture on Tuesday evening at the Hamilton Maurice Room, ­Tower D, International Waterfront ­Centre, Port of SpainIn response to a question on whether there was a correlation between increased compensation for MPs and a reduced level of corruption, Stapenhurst said: “I would think so.""Via: Trinidadexpress.com
Government essentially a high priced auction
While attempting to eliminate or reduce corruption is a noble endeavor paying "Public Servants" higher salaries is not the solution. 

On the contrary the very nature of government ensures corruption will remain a pervasive scourge on Trinidad and Tobago.

A higher salary would never be enough compared to what rent seekers are willing to pay to get politicians to act in their favour. 

The flawed political system essentially bestows inherent power upon politicians to disburse massive tax revenues at the discretion of the politician. They have the power to award and cancel contracts, give hand outs, approvals and special favours. 

What should be done therefore to mitigate this unpleasant reality? Shrink the power, scope and size of the state, thereby limiting the politician's ability to dole out favours and tax payer dollars at their discretion. A gradual move to a less centrally planned more free-market environment with smaller government, would lead to less corruption in the distribution tax dollars.

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