Break The Code

paradise

We don’t really learn anything new from the Paradise Papers – we have been vaguely aware of it for a long time. What is new is not that our vague suspicions are now confirmed by precise data, but a change in what, following Hegel, one should call Sitten – public customs – which now seem to tolerate much less corruption. One should not idealize this new situation: a fight against corruption can easily be appropriated by conservative anti-liberal forces whose longstanding motto is ‘too much democracy brings corruption’. A new space is nonetheless opened up: demanding of the rich and powerful that they obey the laws can be subversive insofar as the system cannot really afford it, i.e. insofar as tax havens and other forms of illegal financial activities are a deeply ingrained part of global capitalism.

The first conclusion we are compelled to draw from this strange predicament is…

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