Skip to main content

Dismantling corporate capture and reclaiming economic democracy

This policy seeks to dismantle the political power of corporations that undermine democratic decision-making and lead to ignore ecological limits.

Corporate capture is not an accident but a structural outcome of economies organised around capital accumulation and growth. This policy seeks to dismantle the political power of corporations that undermine democratic decision-making and lead to ignore ecological limits.

The policy proposes reducing the influence of vested interests through a combination of regulatory, fiscal, and institutional reforms such as: transparency and accountability mechanisms including mandatory disclosure of lobbying activities and of beneficial ownership structures; revolving-door prohibitions and strict conflict-of-interest rules for public officials; public financing of elections and firewalls between corporate actors and political decision-making to curb private influence; and most critically, structural reforms that reduce the leverage of corporate actors over national economies — including antitrust enforcement, progressive taxation on capital and wealth, and the gradual socialization of strategic sectors such as energy, housing, and finance under democratic governance.

By curbing corporate dominance over public policy and redirecting economic power toward democratic institutions and worker representation, this policy redefines “economic freedom” as collective self-determination rather than private accumulation. It treats transparency not as an end in itself but as part of a deeper shift toward economic democracy, where the public interest, not profit maximization, sets the terms of policy.