Corruption is endemic to the capitalist system and has not been successfully regulated away. Perhaps a system change is warranted?Of course capitalist corruption is endemic in a government that pretends to be "democratic", that is, run by and for the people. Capitalism, by permitting one segment of the population to "own" the economy, gives capitalists enormous power over the rest of society--so much so that they constitute a ruling class. A ruling class is one, by definition, rules society. Thus, they must rule by corrupting government operations that pretend to serve the public. What is arguably even worse, is that they have thoroughly corrupted all the ideological centers of our society--education, media including the internet, and even entertainment. This ruling class essentially "own" the thoughts and opinions of the vast majority.
Wolff ends this essay with some interesting ideas about how a legitimate government serving all of the people could be organized.