The consistently excellent Prem Sikka has this piece over at Comment is Free this afternoon, in which laments the current state of democracy and the rising power of corporations:
As he concludes,
The taxation debate is indicative of a deepening crisis of democracy.
Public confidence in parliamentary democracy will continue to be eroded
until the power of corporations is checked. Normal people pay a large
share of their income in taxes, but the political structures are unduly
influenced by corporations and their controllers. They seem to enjoy
representation with little or no taxation. The choice is clear: we can
have either democracy and public accountability or rampant corporate
power with enormous private wealth and power concentrated in the hands
of a few business executives, but not both.
Never a truer word ....
