Government is easily fixed just raise taxes. Except of someone says no!
Interesting comments.If you're more outcome based, you might argue that the ethical cost is greater in a public institution.
While Governmental institutions do face additional financial disclosure requirements, they have a host of other ways to obscure their fiscal house and any potential financial waste or malfeasence. Additionally, there are less control mechanicsms in place (for the General Public) to curb fraud and waste in such institutions.On another subject, corporation are usually much less transparent, even to their shareholders, than public institutions, so the opportunity for duplicitous/unethical behavior is generally increased.
A share-holder can always sell their stock. A taxpayer can never escape public policy, and (individually) their only power is one....single....worthless.....little....vote.
We would disagree on the value of transparency, when that transparency is obscured via a number fo other mechanics, including obfuscation by overwhelming detail. I.e. burying it in a pile so large, no sane person will actually sift through it all to find it, and even if they do, it's one small thing in a sea of things (the "it's not really bad, it's only 500 million" defense). Generally speaking, this is Governments main defense again the taxpayer who pays the bills.In all truth, I think government is better at exposing fraud than private industry due to transparency.
I agree that much of it is a byproduct of the way the system itself, of budgeting and spending, is designed. Use it (hence validating the need/request for it) or lose it (sinc eyou must not have needed it) for next cycle plays it's part in the much ballyhoo'ed $600 crapper.Ironically, I think government is worse in regard to waste, not because of poor ethical oversight, but because most waste in government is legislated and sanctioned. Somebody approved the payment of $600 for a toilet seat in government. It wasn't deception.