It looks as though these people are everywhere! The Shadow Elite.
Are you ready to read it?
Why?
It is scary!!!
Why?
It is scary!!!
"The new breed of players," writes Wedel, "who operate at the nexus of official and private power, cannot only co-opt public policy agendas, crafting policy with their own purposes in mind. They test the time-honored principles of both the canons of accountability of the modern state and the codes of competition of the free market. In so doing, they reorganize relations between bureaucracy and business to their advantage, and challenge the walls erected to separate them. As these walls erode, players are better able to use official power and resources without public oversight."
"That's a spot-on description of what happened with health care -- as well as a spot-on description of the totally-lacking-in-transparency bailout of the financial system. Remember how the bailout was supposed to take care of not just Wall Street but Main Street ? Well, the former ended up with record profits and bonuses while the latter is looking at double-digit unemployment -- and millions of foreclosures and bankruptcies -- for the rest of the year."
Perhaps the decade!
Perhaps the decade!
"We Are Wall Street " that circulated this spring, directed at Main Street America
: "We eat what we kill, and when the only thing left to eat is on your dinner plates, we'll eat that."
The 21st century power brokers -- less stable, less visible, more peripatetic, and more global in reach than their elite forebears -- are potentially more insidious and dangerous to democracy. Their manoeuvrings are largely beyond the reach of traditional monitors. Unlike the rest of us, these players are virtually immune to accountability to voters or government or corporate overseers, because the full range of their activities and their true agendas are more difficult to detect.
Janinie R. WedelMichael Lewis: The Big Short
Health:
Ex-Blair: Patricia Hewitt: now with Cinven (Bupa Hospitals)
Simon Stevens: now with UnitedHealth
David Bennett is the current head of Monitor (a sort of health FSA!) He is not a medical doctor.
David was a Director at McKinsey & Co. In his 18 years with McKinsey he served a wide range of companies in most industry sectors, but with a particular focus on regulated, technology-intensive industries.
NHS & Monitor: Eggs & Enron.
FSA:
Councils blamed over Iceland savings
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