Read This: The resistible rise of corporate power

The resistible rise of corporate power: “[The asymmetric power of private business] has grown enormously over the past half century, both pressing for and gaining from the political creation of a deregulated and globalised capitalist economy….

The problem is that the ‘naturalisation’ of the capitalist market – the uncritical acceptance of ‘the free market’ and the idea that there are unavoidable ‘imperatives’ of globalisation – has elided this distinction. It has created the impression that we face ebbs and flows as unstoppable as the ocean when in fact we face institutions driven by power struggles and flawed human decision-making, legitimately open to challenge.

Our political institutions, meanwhile, have allowed themselves to be effectively occupied, or more accurately warrened—because half of the process has not been visible from the surface—by these anti-market (and anti-public) institutions… ”

Read the full article on Red Pepper.

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