Reining in the corporate monster

Posted on

Reining in the corporate monster | Prem Sikka | Comment is free | guardian.co.uk .

After committing nearly £850bn to rescue failing banks and printing another £200bn of money to lubricate the economy, the government is looking for tax revenues to manage the economic crisis. But corporate barons resent paying democratically agreed taxes.

Prem, as usual, hits hard at the core of the issue.

The reality is that global corporations threaten our democratic well-being.

If they can't co-exist what wins? Corporations, or democracy? To Prem and me the answer is obvious. But corporations, I have no doubt, think otherwise or they would not behave as they do.


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