Social Sciences
2 years ago

Corporate power erodes democracy in UK, blurring public and private interests.

Financial Accountability and Management
The new “corporate state”: The meshing of corporate and political power and the erosion of democratic accountability in the UK
Christine Cooper, Jonathan Tweedie, Jane Andrew, Max Baker

Paper Summary

Since 1979, democratic accountability in the UK has decreased despite efforts for transparency in power. Margaret Thatcher's reforms weakened ministerial accountability. Accountants and consultants shaping government policies blur private and public interests, undermining a neutral bureaucracy.

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