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Money and Power Corrupt? No, it Amplifies
By My Money What  •  December 2, 2020
TLDR? Does Money and Power corrupt? Not absolutely. It enables both bad behaviour and noble actions. However, in terms of organizations, a system of wise restraints help reduce the chances of abuse. Hey everyone, hope you enjoyed our post last week on the costs of expansion and how companies raise funds. I hope that post helped you to understand a company’s capital structure. On top of which, that post also mentions how companies consistently grow their earnings over the long term. Today, we’d like to talk about a topic that has been circulating quite a bit in my mind. That topic is, “Does money and power corrupt?” we write about this topic which is seemingly unrelated to personal finance for 2 reasons: For those that actively manage their own wealth, you are almost certain to build wealth over time. How you behave as a result of this new found...
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By My Money What
“mymoneywhat” is a site about everyday Singaporeans by Singaporeans (that seek to influence the way Singaporeans view our finances. Our goals are to make you rich, while learning some interesting things along the way such as personal finance, financial independence, retire early, cpf, asset allocation and investing in general.
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