It is often claimed that Britain has the best democracy that money can buy. Evidently, the monied interests have already bought it. The Conservative and Labour parties are funded by corporations and wealthy individuals.
Really? Oh, gosh, I hadn\’t known that.
So I went and checked.
A quick eyeballing says that 50% of donations to the Labour Party came from unions….perhaps more than that by value.
Groups providing funds to political parties expect a return on their investment and the payoff is ideological shaping of politics, help in the legislative process, privileged access to the state machinery and help in securing contracts. They will not easily accept curbs on their pay packets or radical reforms to enhance their public accountability.
Well, yes, that I agree with. So the Labour Party has been bought and paid for by hte unions then. Odd that Prem doesn\’t mention that really.