ABSTRACT
Major historical upheavals have led to a global reconsideration of the issue of political corruption. In the decades after the end of World War II and throughout the process of decolonisation, the number of sovereign states increased sharply from the 51 founders of the United Nations to almost. Hence, mathematically, more public offices and administrations mean more room for abuse of power. According to philosopher Hannah Arendt, the underpinning of Ancient Greece’s political thinking lies in a central division between the public and private realms. The existence of the private realm is accordingly rooted in the rules of necessity. Because human beings depend on birth and survival, they must obey at first the natural order. At the turn of the twentieth century, Georg Simmel’s Philosophy of Money offered an in-depth analysis of the role played by money throughout history. Simmel argued that money is the symbol of the ethical ambivalence of modern times.
