White-Collar Crime

August 25, 2011

White-collar crime,” is a phrase first used by a distinguished criminologist in the late 1930s to describe activates of the rich and powerful.  Edwin Sutherland defined “while-collar” crime as a crime committed by a person of respectability and high social status in the course of his occupation.” Source: Connecticut Public Record Search

In addition, the FBI says, “White-collar crime … is now synonymous with the full range of frauds committed by business and government professionals.”

However, when the same sort of crime takes place in China, the Western media calls it “corruption” and the term “white-collar” is seldom if ever used.

If you read this blog regularly, you may remember that I recently wrote about this topic in The Danger of False Truths. A friend said, “the degree of corruption in China is simply breathtaking,” which was his knee-jerk reaction after reading about thousands of corrupt Chinese officials stealing more than $120 billion dollars from state-owned enterprises over a period of about 15 years.

To clarify a point, before the 1980s, the government in China owned all the factories.

Then China opened its doors to capitalism, and state-owned factories were told to either become profitable or go out of business and many did close their doors.


In China, convicted white-collar criminals go to jail for a long time or are executed. Watch this video to see what happens to most white-collar criminals in the US.

Today, the surviving state-owned factories are managed as if they are private sector businesses and the managers usually do not hold political posts in the government.  If these managers skimmed money from the profits of these government-owned businesses, that crime was no different from “white-collar” crimes in America.

Usually, when I read or hear a criticism of China, I research the country where the criticism originated, which is mostly from the US.

What I learned about white-collar corruption in the United States may shock you.

Security expert Troy Williams says that as many as 30 percent of the average company’s employees do steal, and another 60 percent will steal if given a motive and opportunity. Some estimates indicate that more than $600 billion is stolen annually (in the US), or, roughly $4,500 per employee. According to the U.S. Department of Commerce, about a third of all business failures each year trace back to employee theft and other employee crime.

The FBI says employee theft is “the fastest growing crime in America”, and the U.S. Chamber of Commerce estimates that 75% of all employees steal from their workplace and that most do it on a regular basis. Furthermore, the American Society of Employers estimates that 20% of every dollar earned by a U.S. company is subsequently lost to employee theft.

However, when the theft of a $120 billion in China over a period of fifteen years elicits “the degree of corruption in China is simply breathtaking“, what describes the degree of corruption in the United States after learning that over the same period of time white-collar corruption in the US adds up to $9 trillion dollars or 75 times what was reported stolen in China?

Discover The Facts about Gambling and Drug Use in China

______________

Lloyd Lofthouse is the award-winning author of the concubine saga, My Splendid Concubine & Our Hart. When you love a Chinese woman, you marry her family and culture too.

To subscribe to “iLook China”, look for the “Subscribe” button at the top of the screen in the menu bar, click on it then follow directions


Doing Mankind a Favor – Part 2/2

August 24, 2011

Some critics say the reason the US government and a few European countries such as Germany stopped developing Thorium as a source of power was because it is thought to be almost impossible to use thorium to make nuclear bombs.

China, on the other hand, has more than 1.3 billion people expecting a better lifestyle and to deliver that modern lifestyle takes electricity, which means China cannot afford to ignore safer and cheaper sources of energy.

Currently, the Chinese are building two radically different uranium power plants (in addition to the thorium research) called “pebble-bed reactors“, which use hundreds of thousands of uranium billiard-ball sized elements cloaked in a protective layer of graphite that will be cooled by non-explosive helium gas instead of water.

Unlike power plants such as Japan’s Fukushima Daiichy power plant, these new Chinese “pebble-bed reactors” are designed to gradually dissipate heat on their own — even if the coolant is lost as it was in Japan.

If the first “pebble-bed reactors” work, China will build dozen more.


Vortex Hydro Energy – Open Water Test

While the United States is falling behind in the race to develop alternative and safer, cleaner energy sources, a new method is being explored to capture the energy potential of our oceans.

While other countries have already deployed viable, operating, power generating projects using the emission-free power of ocean waves, currents, and tidal forces, the U.S. is only beginning to acknowledge the importance of these technologies.

A system conceived by scientists at the University of Michigan, is called VIVACE, or “vortex-induced vibrations for aquatic clean energy”.

In fact, scientists claim slow moving river and ocean currents using this revolutionary VIVACE device can easily provide enough power for more than 15 billion people, which might leave the coal, oil and uranium industry with shrinking profits and many lost jobs.

I have two questions.

Does America and the West hold on to the status quo or move forward allowing cleaner, cheaper, safer energy sources to develop and replace the old, expensive dirty energy we rely on today?

Why is it that China seems to be doing more for the future of its people than the US is?

Return to or start with Doing Mankind a Favor – Part 1

______________

Lloyd Lofthouse is the award-winning author of The Concubine Saga. When you love a Chinese woman, you marry her family and culture too. This is the love story Sir Robert Hart did not want the world to discover.

To subscribe to “iLook China”, look for the “Subscribe” button at the top of the screen in the menu bar, click on it then follow directions.


Doing Mankind a Favor – Part 1/2

August 23, 2011

Recently, I learned something new from a comment left by Xiaohu Liu for a post called China’s Goals for going Green.

Liu wrote, “More likely China will go more nuclear before it goes green … (there are) two types of nuclear technology that could revolutionized the world as much as the steam power or petrol power did in the 19th and 20th century.”

Until Liu left that comment, I was unaware of the types of nuclear power China is developing.

The (UK) Telegraph says, “Safe nuclear does exist, and China is leading the way with thorium.”

I discovered the Chinese are investing millions in research into reactors powered by thorium, a metal, supporters say, that is as common as lead (which means it would be cheap and easy to find), and one, which, despite some concerns, would lead to power plants with fewer safety issues as well as other benefits.

“Thorium-based reactors certainly have advantages,” says Wang Kan, leader of the Tsinghua University Thorium Research Team. “The energy release from Thorium is greater than from Uranium, the by-products from using Thorium are less toxic than from Uranium, and it’s much harder to make weapons from those by-products.”

However, China was not the first nation to research the use of Thorium. In the late 1940s, US physicists were exploring the use of thorium as fuel to generate power but dangerous and dirty uranium won since the US and the USSR were fighting the Cold War and building thousands of nuclear weapons.

Continued on August 24, 2011 in Doing Mankind a Favor – Part 2

______________

Lloyd Lofthouse is the award-winning author of The Concubine Saga. When you love a Chinese woman, you marry her family and culture too. This is the love story Sir Robert Hart did not want the world to discover.

To subscribe to “iLook China”, look for the “Subscribe” button at the top of the screen in the menu bar, click on it then follow directions.


A mutual preference for baby boys

August 22, 2011

Imagine what it would be like to live in the United States if the population was China’s 1,339,724,852, which is 4.3 times the population of the US.

According to the US Bureau of Transit Statistics, there were 255,917,664 vehicles registered for use on the highways in the
US in 2008.

Multiply that number by 4.3 and we might have more than 1 billion vehicles on US roads today if our population matched China’s.

What would your commute to work look like if you lived in a city such as Los Angeles, New York or Chicago, but there were four times as many vehicles on the roads?

At this point, as a reader, you may be wondering what the significance of this post’s title is, which was influenced from an article, Americans Like Baby Boys Best, written by Stephanie Pappas for “Live Science”.

Pappas wrote, “If they (US families) were only allowed to have one child, more Americans would prefer it be a boy rather than a girl, a new survey finds.”

For China, providing enough food has always been a challenge since China’s arable land covers about 15% of total land area, but China’s 300 million farmers today rank first in worldwide farm output. Source: Agriculture in China (Wikipedia).

America, on the other hand, is blessed with farmland covering about 41% of total land area. Source: USDA

Between 108 BC and 1911 AD, there were no fewer than 1,828 major famines in China. In fact, four of those famines happened between 1810 and 1849 killing about 45 million. Source: List of famines (Wikipedia)

Then between 1959 to 1961, during The Great Chinese Famine (according to Chinese government statistics) about 15 million died while unofficial estimates of scholars puts the toll between 20 to 43 million that may have starved to death.

However, the United States has never suffered a famine. If people in the US go hungry, it is not because there isn’t enough food. It is because those people live in poverty and do not have enough money to buy food.

When Americans criticize China’s one-child policy, remember, China has survived about 1,800 major famines in the last 2,000 years and five of those famines killed 88 million.

However, the US and China do seem to have one thing in common. Most Chinese also prefer baby boys to girls. Have you ever watched a child starve?

To discover more facts about China’s one-child policy, visit One Child, The One-Child Tragedy, Exemptions in China’s ‘one-child policy’, Reversing China’s “one-child” Policy, and Avoiding China’s “one-child” Policy

______________

Lloyd Lofthouse is the award-winning author of the concubine saga, My Splendid Concubine & Our Hart. When you love a Chinese woman, you marry her family and culture too.

To subscribe to “iLook China”, look for the “Subscribe” button at the top of the screen in the menu bar, click on it then follow directions.


Wage Thieves in the Private Sector

August 20, 2011

Tom Carter, the author of China: Portrait of a People, sent me a link to a forum on political and social change in China that I found interesting. The forum was published in the Boston Review.

One in particular that I agreed with was China’s Other Revolution by Edward S. Steinfeld.

Steinfeld points out that “patterns of inequity are unfortunately not unique to the Chinese experience”, and then he makes a strong point when he writes, “One need look no further than the United States and Western Europe for developmental histories replete with exploitation, abuse, violence, and environmental degradation.”

By coincidence, the same day Carter sent me the link to this forum in the Boston Review, I read Wage theft a scourge for low-income workers by John Coté, a staff writer for the San Francisco Chronicle.

It seems while many Americans and the Western media often criticize China for exploitation of migrants, low-skilled wage laborers, and the rural poor, the same practice is alive and well in the United States.

Coté writes, “It’s part of a national scourge known as wage theft. More than two-thirds of low-wage workers (in the United States) reported some type of pay-related law violation…”

The piece Coté wrote for SFGate was on two pages and ends with six facts.  One says, “$56.4 million is stolen every week from (low-wage) workers in New York, Los Angeles and Chicago.”

In addition, Poverty News reports, “Low-wage workers in the United States are gripped by increasing financial insecurity as they inch along an economic tightrope made riskier by pervasive job losses and rising prices. Many struggle to pay for life’s basics—housing, food and health care—and most report having virtually no financial cushion should they stumble.”

How many Americans are considered low-wage workers?

According to the Sloan Work and Family Research Network at Boston College, “The U.S. Census Bureau reported that in 2008, 39.8 million people (13.2 percent of the U.S. population) lived at or below the Federal Poverty Level (DeNavas-Walt, Proctor, & Smith, 2009).”


When it comes to poverty, America ranks 3rd worst among developed nations.

If two-thirds of these low-wage workers (and there may be more) in the U.S. are being cheated, that is about 26 million people that are not being paid what they earned.

It seems to me that the American media, the nation’s leaders and most Americans should focus on solving these types of problems in the U.S. before criticizing other countries.

Discover more from The India, China battle to eliminate poverty and illiteracy

______________

Lloyd Lofthouse is the award-winning author of The Concubine Saga. When you love a Chinese woman, you marry her family and culture too. This is the love story Sir Robert Hart did not want the world to discover.

To subscribe to “iLook China”, look for the “Subscribe” button at the top of the screen in the menu bar, click on it then follow directions.