Money and Diplomacy: State Owned Enterprises as a Tool for Corruption

Sesame Street. Unbiased news coverage. Train tickets to Atlanta. These are examples of programs run by government sponsored corporations. In most cases, these corporations are directed to help the public. Because of a lack of accountability, however, these organizations are also easily corrupted. Public officials can manipulate the purpose of these firms to benefit themselves rather than the people, as they are state owned and thus state controlled. State Owned Enterprises are used by nearly every nation to benefit their people, but because of their lack of accountability, they can also be grossly misused to pursue an individual’s personal agenda.