Monday, November 9, 2009

Kleptocracy Jacob and Arron

Kleptocracy is a type of government where all of the wealth and power is actually stolen by the person in power. It has very close ties to political corruption. It basically is corruption. Kleptocracy is political corruption but not all political corruption is tied to Kleptocracy, because, Kleptocracies are usually dictatorships. Not all political corruption happens in a dictatorship.
The ruler of a Kleptocracy usually treats the treasury as their own bank account that they can take from at will. The only people who benefit from this type of government would be the thieves themselves.

Kleptocracies usually consist of a number of bribes, extortions, and a lot of corruption. This type of government is basically like a big scam, it won't last forever, then the ruler takes off and enjoys the money they have, leaving the people to suffer. One of the most famous Kleptocracies would be under the leader Mobutu Sese Seko Nkuku Ngbendu wa za Banga, who was the leader of what is now the Democratic Republic of Congo. He remained in office for 31 years and openly challenged communism, he even waged war against countries who supported communism. He is known for notoriously mismanaging his countries' finances. Overall, Mobutu stole around 5 billion dollars over his rule from the treasury, he is considered one of the most corrupt leaders of all time.

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