Thread by @pdacosta

THREAD—"The debates about our economic
system are sometimes framed as a stark choice between market-based capitalism and government-controlled socialism. But the actual choices are much more complicated." - @anatadmati gsb.stanford.edu/sites/gsb/file…

"Corporations, which control much of our economic activity today, owe their existence to governments. Although they do not vote in elections, the economic and political power of corporations and their impact on democracy is immense."

"The critical issues lie not in the size of government, but rather in the quality, integrity, and effectiveness of the
individuals and institutions that act on its behalf.

"To fully realize the benefits of democracy, political systems and government institutions must embody the
collective choices of all citizens, and the rules of the game must be designed and enforced to serve the social good."

"These days, well-functioning democracies are few and far between. Democracy itself appears to be in retreat around the world, and trust in private and government institutions, particularly in the United States, is low."

"Particularly insidious challenges to democracy arise when corporations become involved in the writing of the rules that apply to everyone, including themselves, or interfere with enforcement."

"When corporate engagement with governments serves narrow interests and money is critical for campaigns and influence, the system causes 'corruptive dependencies,' exacerbates inequality, and leads to the perception that
our 'captured economy' is rigged and unjust."