ABSTRACT
The most serious criticism of government corporations is that they, and the officials who guide them, are too involved in unseemly, illegal, and publicly harmful activities. This includes government corporation employees who exploit their positions to benefit themselves, such as through extortion and embezzlement. It includes politicians who manipulate the system to further their own political ambitions, such as through patronage appointments and pork-barrel projects. It encompasses private businesses that try to obtain unfair financial advantages from government corporations, such as through kickbacks or the sale of shoddy equipment. And it also involves the various ways in which government corporations are inherently unprincipled, such as by preventing citizen participation and by taking on projects that are bureaucratically self-promoting.
