The Financial Times has an expensive paywall. British people usually read free newspapers.

However, this story is so important that the Financial Times decided to drop the paywall.

  • IninewCrow@lemmy.ca
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    24 hours ago

    The fact that we all casually talk about how big money is almost a requirement to get into, run, manage, and maintain politics … goes to show you how democratic the system is.

    • Doomsider@lemmy.world
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      21 hours ago

      The fact that corporations are the dominate social structure is undisputable. Everything, including notions of democracy, is secondary to this. Whenever there is a conflict between wealth and the general populace the government will always side with money due to corruption.

      This is pretty universal across all nations. There is not a democracy that does not suffer from this problem. At this point it really does feel that democracy in most forms is just a window dressing for corportocracy.

      • Aceticon@lemmy.dbzer0.com
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        8 hours ago

        The serfs will work harder if they are made to believe their voice counts and when the serfs work harder the Owner Class makes more money.

        • Doomsider@lemmy.world
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          19 hours ago

          Oh don’t get me wrong. Even though I live in a fascist nation my life is not bad. I just bought a house, I have a stable job. I have a big family I get to hang out with everyday.

          I have a job for the first time in thirty years I can afford to insure my family with. A lot of my contemporaries are not so lucky though.

          I think it is good just to point it out. It helps to keep me thinking straight and not feel gaslight by my government when it makes policy decisions to benefit the wealthy.

          • yucandu@lemmy.world
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            1 hour ago

            I’m just saying the people aren’t completely powerless. Democracy can work, we forced the government to side with the general populace and not the wealth several times, including quite recently.

            • Doomsider@lemmy.world
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              38 minutes ago

              I read a study somewhere that says wealth gaps and democracy can uneasily coexist as long as money stays out of politics. This is the essential problem I think.

              When we allow money into politics it corrupts them. We have to look at actual metrics to measure and consider externalities whenever creating policy. Making sure a monetary system is working for everyone and that people who take advantage of the situation are dealt with is a no brainer.

              I did a little research and it does appear CA law is a little lax around loaning for political campaigns. I am not from CA so I really don’t know if this is really a big deal or not. I would be concerned though that this system would be abused.

              I personally think we should actively attempt to eliminate wealth gaps. Money has been used to divide people for far too long and it is such a corrupting force for some people. It is a problem that has consumed the US entirely.