I can find little to quibble with in Aeron Davis’ conclusions to his book; part is worth quoting:
We are long due an overhaul of many of our systems and institutions. So many have become something they were never intended to be. Yet leaders and the public continue as if they still operate as they once did. Progressive change in all of them would certainly rein in leaders and re-attach them to publics in various ways.
He singles out:
- The electoral system which is ‘not one that any emerging democracy would choose now’.
- The lack of a written constitution with poor checks and balances.
- The secretive, insular and now market-orientated civil service.
- The Financial Services sector that extracts far more from the economy than it contributes (and upon which, scarily, we have based our entire economy)
- The system of corporate governance which is far too orientated towards short-term shareholder returns.
- The news media which is (even) less independent and more in hoc to those in power and media moguls than it appears.
- Intermediary professions whose role is too often to reinforce the system – for example accountants advising on tax law and then offering tax avoidance services.
- The ability of many of these institutions to self-regulate, which is not sufficient to face down vested interests.
Davis avoids the error of demonising those at the top, many of whom, he says are complex, conflicted individuals often operating in a contrary and highly contradictory system.
His conclusions are not exactly new – but this book is the most substantial piece of evidence I have encountered to suggest that they are generally valid, and not just the product of an alternative political agenda. The pity is that he only dedicates four pages of 140 to solutions; that may be significant.
Events in recent times – including the last week – suggest that he is overwhelmingly correct. But what is to be done about a regressive, entrenched establishment that only ever argues for its own self-interest, dressed up as the status quo?