Business-Managed Democracy
“Business-managed democracies are those in which the political and cultural arrangements are managed in the interests of business.”
The purpose of the many powerful business coalitions that corporations have formed in recent decades is to ensure that corporate interests are advanced over the welfare, health and other interests of national populations and to undermine the democratic process for deciding government priorities and policies. What business leaders seek, and to a large extent have achieved, are 'business-managed democracies', that is, democracies where the politics and cultural life of nations are managed in the interests of business.