Thursday, July 21, 2011

In an increasingly urbanized world, earthquakes threaten unprepared cities with mass destruction.

City Journal reports:
Economist Charles Kenny’s definitive 2007 study argues persuasively that the construction industry is the most corrupt sector of the world economy. And the more corruption there is in construction—whether it consists of companies’ using substandard materials or of governments’ granting permission to build in zones unsuitable for habitation—the likelier you are to die. In China, the buildings that crumble during earthquakes are schools and hospitals, while the Party’s headquarters and the houses of its functionaries remain standing. In Turkey, building inspectors work on the contractors’ payroll, creating a massive conflict of interest. Changing that system could save countless lives. But the construction companies, for obvious reasons, don’t want that to happen—and all of Turkey’s major political parties run on construction money.
An article well worth your time.