It's possibly the case that concentrated wealth leads to concentrated power.
And it seems to be the case that concentrated wealth and power lead to corruption.
Looking at corruption and extreme wealth, corruption fosters extreme wealth, acting as a greasing wheel that contributes to this unbalanced economic process. Therefore, billionaires face incentives to perform these types of acts which tend to perpetuate the corrupt system. However, legal mechanisms are also significant determinants of extreme wealth.
The idea that 'power corrupts' has been around for a long, long time, as shown in this look at power and its corrupting effects: the effects of power on human behavior and the limits of accountability systems.
The latest figures from Transparency International has something to say about the state of the world today, with a report out today: CPI 2025: Findings and insights
Britain doesn't fare very well: Corruption Perceptions Index 2025: UK Corruption concerns risk becoming 'new normal': Results published today show the UK's score has fallen to 70, down from 71 last year. This marks the UK's lowest point... The UK remains 20th in the global ranking for the third consecutive year, a significant decline from its top ten position back in 2017.
The United States has done even worse: US slips to 29th place in global corruption perception index: The United States is now tied with the Bahamas and is outranked by Uruguay, Lithuania and the United Arab Emirates... The ranking has been trending downward for the past 10 years. Last year, it took a hit when President Donald Trump paused investigations into corporate foreign bribery and cut enforcement of a foreign agent registration law and other moves, CNN reported.
The message is clear: Corruption Threatens Democracies Worldwide, Transparency International Warns: Corruption is surging worldwide, threatening public trust, enabling organized crime, and weakening democratic institutions, Transparency International warned Tuesday in its 2025 Corruption Perceptions Index (CPI). Experts say shrinking civic space and faltering accountability are fueling the problem, putting governance—and citizens—at risk.
How is your country doing?
Corruption Perceptions Index 2025 - Transparency.org
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