15 April 2010

Tories Open the Door to Economic Democracy in Britain!

. . . at least that is the conclusion Hilary Wainright draws in this essay from The Guardian yesterday. She suggests that since the Conservative Party Manifesto invites citizens to join with the government to monitor and hold to account various political agencies, it must, by extension extend an analogous invitation with respect to corporations and markets. The latter, she reasons, have just as much, perhaps more, impact on the lives and well-being of individuals and communities across Britain than do governmental agencies. And so, just as we need to identify ways of holding concentrated political power accountable, so too do we need to identify ways to hold concentrated economic power accountable. Sounds right to me.

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