The public has come to suspect that bribery of high foreign political figures by American companies is rampant. Yet the number of proven cases of bribery involving misconduct by high officials of foreign governments is very small. And many instances of misconduct are more extortion than bribery. The truth, however, is always hard to discover because of the clandestine nature of the transactions.

No abuse of power has so tarnished the corporate image or shown the need for government legislation as the numerous public revelations of wholesale political and foreign bribery that came to light during the 1970s. These revelations are one of the most sordid chapters in American corporate history. Investigations revealed widespread illegal corporate political contributions and extensive bribery of foreign government officials. When the bribes were large, they significantly distorted the corporation's actual financial picture, thus misleading company stockholders as well as the Securities and Exchange Commission (SEC) and the . When U.S. corporations bribe officials of developing countries, they may help to undermine that country's political stability and in some cases contribute to the spread of anti-American feeling. A particularly serious situation develops when pharmaceutical corporations bribe health officials in other countries to obtain permission to sell dangerous drug products.

Corruption exists because there is too much, not too little, market.

Wherever there is power, greed, and money, there is corruption.

Envisaging the whole range of foreign commerce... the image of it as a prize which governments can, and ought to win for their traders at the expense of the traders supported by other governments, has been a most fertile source of international misunderstanding.

Corruption often exists because there are too many market forces, not too few.

Corruption is a hidden tax that discourages foreign investment, distorts markets, undermines merit and tramples on citizenship.

The functionaries of our political organizations and trade unions are corrupted — or rather tend to be corrupted — by the conditions of capitalism and betray a tendency to become bureaucrats, i.e., privileged persons divorced from the people and standing above the people.

Because internal corruption is endemic to the communist system, it ineluctably conditions privileged elite to the habits of corruption in their external relations with other communist officials in the Eastern bloc countries and with the Western and Japanese businessmen who negotiate with the state enterprises.

In general, corruption tends to exist whenever governments have favors to extend, or something to sell.

Payments made to, or extorted by, a corrupt bureaucracy can enable a socially chaotic system to function.

The war industries in many countries and the enormous trade in weapons of all kinds generate corruption and fuel conflict throughout the world. The existence of an immensely powerful military-industrial complex constitutes a danger to democracy, both internationally and domestically, because it follows its own logic and operates independently of popular participation.

Where there is power, greed, and money there is corruption.

Those in government are especially susceptible to the corruption of power, because government is institutionalized coercion.