Re:Xi Jinping personally halted Ant's IPO after Jack Ma snub...
by roenxi on Saturday November 14, 2020 @03:37AM
(#25091041)
I do agree on that - but if you are using local politics the fair thing to do is to compare it to local businesses. If you are going to rule out the big parts of politics rule out the big businesses too (which renders the argument a bit moot).
Corporations are only accountable if they fail to make money. Unless they're too big to fail, in which case they're accountable to no one.
It's all well and good to pick a blatant example of a politician doing evil and getting away with it; on the flip side I see politicians at the local level losing re-election for doing things their constituents don't like. In any event, I'd much prefer democratic accountability over corporate accountability when it comes to entities who have the ability to take away my freedom or deprive me of life.