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It's not the Wild West, the laws of the UK Parliament apply to people and companies in the City. In that piece Monbiot tries to blame the Corporation for the 2
by walthamstow 2y ago
It's not the Wild West, the laws of the UK Parliament apply to people and companies in the City.
In that piece Monbiot tries to blame the Corporation for the 2008 crash, which is laughable.
- euroderf 2y agoThis article and others say the Corporation pretty much does as it pleases. There's a "conspiracy theory" that says that the City instigated Brexit to avoid EU jurisdiction.
- walthamstow 2y agoYou are confusing the City and the Corporation. It's a common mistake. The City is not an autonomous enclave free from Parliamentary control.
- euroderf 2y agoRight, my bad, we're talking past each other. The Corporation is some kind of acquisitive out-of-democratic-control alien dropped into the middle of London finance. OTOH the City is just another rich men's club I guess. Nice that its democracy for company-entities.
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