One of the biggest problems with politics is that politicians need to raise a lot of money to get (re)elected. That money comes with strings attached, which makes it difficult for our politicians to make good decisions. I had never considered that the same problem exists in academia, but apparently it does. Hamm has donated tens of millions to the University of Oklahoma, and it's pretty obvious he's trying to use his…
A Guardian Syndrome, and a Commerce Syndrome. Both syndromes are efficient and well when independent, but it's when the categories begin to merge that you begin to get problems and conflict of interest.
I recommend people to check out the book. It's a great analysis of the nature of corruption from a very cultural, anthropological and economic perspective. It's a refreshing angle from the typical character assassinations you see in the news. It's called Systems of Survival by Jane Jacobs.