There is a great deal wrong with American governance, and not only within government. I think that the concentrated management and diffuse ownership of public corporations has left a relatively small numbers of corporate managers with insufficiently checked control over trillions of other people’s property. And I think that the relatively unchecked power of government to make or break fortunes has made it more or less inevitable that corporations would in time end up writing their own regulations to their own advantage. Occupy Wall Street is a great boon to the extent that it helps draw attention and build effective opposition to the unjust mechanisms of upward redistribution and to the many flaws in our political economy responsible for the disproportionate influence of the wealthy and powerful over the rules that profoundly affect us all.

Leaderless, consensus-based participatory democracy and its discontents

Emphasis mine. I tend to agree with Will Wilkinson a lot. I wish he wrote in shorter sentences though.

December 5, 2011 at 9:45am

I'm Jed Sundwall. This is my blog, which you can follow on Tumblr or via RSS. You can talk to me on Twitter.