Essay on Corruption (500 words)

Definition:

Corruption is a form of deceit, dishonesty, or falsification undertaken by a person organization entrusted with a position of authority to get benefit or abuse power for one’s private gain.

“Power does not corrupt…. fear corrupts…perhaps the fear of loss of power” (John Steinbeck)

Causes:

There are many causes of corruption. Many factors are there which makes a person or organization corrupt. It includes greed of money, in this present era greed of money is the main cause of many problems, the desire of making money makes people corrupt. A high level of marketing also leads to corruption everyone wants to promote his marketing, so they fell prey to corruption. Many other causes may also include a low level of democracy, low press freedom, low economic freedom, gender inequality, weak property rights, poverty, main causes of corruption is a low level of education, ill-education lead people to become corrupt.

Types:

The forms of corruption vary, but can include bribery, blackmailing, nepotism, money laundering, funding, favoritism, unusual referencing, and partiality.

Few are discussed below:

·       Bribery:

Bribery means giving or taking money to influence someone’s behavior or to get your work done easily.

·       Blackmailing:

 Blackmailing is the demand money or another benefit from (someone) in return for not revealing compromising or damaging information about them.

·       Nepotism:

Nepotism is of the main cause of corruption. Nepotism is giving an opportunity to one having power, some relatives, friends, or dear one it is the most common type of corruption and it is the violation of the poor’s rights.

·       Money laundering:

Money laundering is the illegal transfer of a large amount of black money from one place or country to another in the form of cash, bonds, bills, or something else.

·       Political Corruption:

Political corruption is the most common type of corruption nowadays, especially in developing and underdeveloped countries. Political corruption the use of powers by government officials or their network contacts for illegitimate private gain.

Effects:

Corruption has negative effects on society. A corrupt leader or corrupt organization’s employ can lead to underdevelopment of the whole organization. It has very bad effects on the economy as well. Corruption erodes the trust we have in the public sector to act in the best interest. It also wastes our taxes or rates that have been earmarked for important projects due to the high rate of corruption in developing and underdeveloped countries like Pakistan, India, and Bangladesh. These countries cannot make progress and the living standard of the people remain low and the poverty of the country lead to an increase. Corruption is the main root of all the damages in society.

Elimination of Corruption:

Elimination corruption is one of the most important needs of this era. Government should take a strict look at the elimination of corrupt people or corruption improvement in educational sectors may cause the removal of corruption, besides these anti corruption department should be made and strict punishments should be given to corrupt people or departments, which causes corruption and proper law and order should be enforced.

                                                                                                    (500 words)