

Sounds like a pretty good framework for keeping private enterprise from taking over the political system like we see happening in some European and American countries. It would also help with holding the owner class in check. Countries that haven’t lost control over their democratic political systems yet could learn from this.
Doesn’t that just shift the power dynamic from an owner class to a political elite? It’s not obvious to me how this would change anything for the populations in countries that have lost the control over their democratic political systems or in countries whose political systems were never particularly democratic to begin with - either way the power lies with a small ruling class.
Yeah, I misread that.