‘UNELECTED POWER’ OF ULTRA-RICH IS RESHAPING BRITISH POLITICS, REPORT CLAIMS
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✍️ A report from the Equality Trust claims that structural corruption and the rise of 'conduits for unelected power' are reshaping British politics, driven by the growing political clout of the ultra-rich.
👉 The concentration of wealth in Britain has risen sharply over the past two decades 👉 Unelected power in Britain has risen sharply over the past two decades 👉 The appointments system for the House of Lords has expanded from 676 to 803 in the past 20 years 👉 Political donations above £250,000 have jumped from £7.6m to more than £47m in the past 20 years 👉 Media ownership has become dramatically more concentrated, with the share controlled by the UK's three biggest news conglomerates rising from 71% to about 90%
-- #PriyaSahni-Nicholas #RobertReich #Musk #Bezos #Ellison #Murdoch #Britain #UK #politics
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