Yes. The term that is popular in Europe is “Quangos” or “quasi-autonomous non-governmental organization”. Quangos doesn’t technically apply here, but I think it

Yes. The term that is popular in Europe is “Quangos” or “quasi-autonomous non-governmental organization”. Quangos doesn’t technically apply here, but I think it’s a good frame of mind / reference to use. The fact that government power, has in the West, declined extensively since the 1970’s, means the power went elsewhere. The corporate / finance sector, with rock bottom interest rates provided from capital across the globe have received most of it. Of course this did all provide some benefits via the many innovations we’ve seen. But there are also many, probably more, downsides that we are seeing now.