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.

Why Foreign Policy Matters

Consider the avocado, the “alligator pear,” the foundation of guacamole, and essential ingredient in avocado toast. In the 2000’s, avocados began appearing throughout the United States, offered everywhere from Subway to the finest restaurants in New York. Avocado consumption has risen to the point that during the 2016 Super Bowl, Americans consumed nearly 139 million pounds of avocados. In fact, the production of the fruit is a billion-dollar industry.