Democracy is a system for the people, by the people of the people.
Yet everyday it’s foundation is being eroded by lobbyists for big business. Who wish to bend the laws to favor their business interests.
This nexus is killing democracies: from wall street lobbysists buying politicians in the US congress (who approve a bailout but don’t enact stringent government regulations as safety measures for the future) to
the recent spat of scams in India’s Telecom & Mining sector. Berlusconi’s taxation of individuals but not companies. The list is long.
We are seeing the death of Democracy when Governments work for furthering business interests and not citizens interests.