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power corruption

What's wrong with the following statement? The only good regulation is one that's been deregulated.

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This statement is not fully correct. As there are some instances where regulation is required and deregulation may not work. . Government intervention is needed to make market more efficient as the private sector is motivated by the profit only and don't seek efficiency as the prime objective. One can also use the Enron example in the sense of huge manipulations with respect to trading of shares, manipulation of accounts, etc. which were done by Enron Staff. Another very evident form of power corruption is with respect to leaders of political ...

Solution Summary

Forms of power corruption are denoted.

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