Prem Sikka

In societies divided by money, power and influence, this is always problematical as institutional structures are colonised by economic elites.

Well, yes, but in societies not so divided the political and or regulatory systems still get colonised by elites.

The advantage of "free market" systems is that there\’s less of the country, less of the economy, that those elites can control through the political or regulatory system.

4 comments on “Prem Sikka

  1. All states, and all state structures, including soviets, are divided by money, power and influence. Even in primitive societies.

    It even happens in the animal world. They may not have opposable thumbs and currency, but they have hierarchies based often on physical size or strength.

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