Bribery and Extortion Compared (Carson)



Offers of bribery payments: Offers to pay extortion (when competitors are also willing to pay):
a May be an attempt to gain unfair advantage... Are not attempts at unfair advantage (because competitors would pay them too).
b Accepting the bribe often corrupts the official's moral character... Extortionists already have a bad character.
c Often have bad economic affects (by defeating competition) Are not economically harmful (and may even restore competition).
d Compel one to falsify corporate financial records. Doesn't require falsification of records (or, in the case of economic extortion, would not if it were legal).
e Entice others to do wrong

(violating the duties of one's position) is often wrong

Do not entice others to do wrong (but...)