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by js8
956 days ago
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I think socialism is the mechanism - one person one vote with the stake of ownership. I am pretty liberal but it I believe it needs socialism (democracy in economic sphere) to avoid capture by corporations. (And vice versa, socialism needs liberalism to prevent capture by government. They can't survive without each other, being constantly threatened by authoritarianism.) |
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On the other hand, even that's vulnerable. The UK used to have customer-owned banks until shareholder banks offered to buy them out. https://www.thenews.coop/85589/sector/big-bang-demutualisati...