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by webmobdev
2014 days ago
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> It seems your idea of "fighting for democracy" is in advocating more power and authority in an single entity and more central planning. No, that isn't my idea at all - decentralisation and independence of institutions matter in a democracy. And I consider regulatory bodies as a NECESSARY institution of democracy that strive to balance the needs of the executive, the corporates and the people (consumers). Democracy is all about balancing everyone's needs and corporates too have a role, just as the consumers do too. As a citizen of a country that was once enslaved by one of the largest corporate of its time (East India Company)^, to me you are the ignorant one here if you think that regulation has no role in a democracy. ^(The British East India Company — the Company that Owned a Nation (or Two) - http://www.victorianweb.org/history/empire/india/eic.html ). |
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Which regulations do you think would've stopped East India from becoming what it did, and what democratic institutions do you think would have effectively restricted their unchecked expansion and abuse of power?