4 ms·
Corporations are in principle and practice accountable to those with more money. For all its flaws our democracy is still one person one vote.
by _aavaa_ 1y ago
Corporations are in principle and practice accountable to those with more money. For all its flaws our democracy is still one person one vote.
- potato3732842 1y ago>For all its flaws our democracy is still one person one vote. Which seems to just devolve to "the lizards listen to whoever/whatever has money" at the high levels where the number of voters is very high.
- radlad 1y agoSome governments restrict the extent to which "lizards" can use their money to gain air time, etc.
- actionfromafar 1y agoLizards must not obstructed in any way! Consume! Obey!
- HPsquared 1y agoCorporations are still subject to law and ultimately under the control of the government. The current set of rules just gives them a fair amount of freedom to operate.
- tavavex 1y agoThis only makes sense in a spherical-cow-in-vacuum world where government and business are somehow barred from communicating with one another. In reality, the "current set of rules" in many countries is a result of companies relentlessly trying to and succeeding in finding ways of influencing government. Political advertisements, campaign funding, lobbying, corruption, underhanded favoritism, countless other methods that are an amazing RoI for any business large enough to engage in it. Large enough corporations are resembling governments more and more in terms of value and power, and they use all of that power to endlessly try to bend the rest of society into serving their profit motive.
- slt2021 1y ago[dead]
- sally_glance 1y agoIt seems to me none of this is as clear cut as it seems. Government entities may hold shares in private companies, companies may act on voter's demands by accepting government grants. For some companies, government contracts are actually a main revenue stream - shareholders can jump up and down, if their supporters are voted out they will falter.