What are the ethical reasons for not tolerating bribery?
By defi nition, a bribe is something, such as money or a favor, offered or given to someone in a position of trust in order to induce him to act dishonestly. It is some- thing offered or serving to infl uence or persuade. What are the ethical reasons for not tolerating bribery? First, bribery corrupts our free-market economic system and is anticompetitive. Unlike the practice of buying the best product at the best price, brib- ery does not reward the most effi cient producer. One can argue the virtues or vices of the free-market economy, but it is the system under which our economy operates, and anything that subverts this system is unfair and unethical. Second, bribery is a sellout to the rich. Bribery corrupts justice and public policy by allowing rich people to make all the rules. In business, it guarantees that only large, powerful corporations will sur- vive, since they are more capable of providing bribes. A small start-up company doesn’t have the resources to compete in an environment where expensive favors are required to secure business. Finally, bribery treats people as commodities that can be bought and sold. This practice is degrading to us as human beings and corrupts both the buyer and the seller [ Harris, Pritchard, and Rabins, 2000 ].