On dark money in politics

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“ A multimillionaire City asset manager has pledged to spend up to £700,000 on ousting Labour MPs who campaigned against Brexit. Jeremy Hosking will use his money to ensure that there is as little parliamentary opposition to a hard Brexit as possible. Why should multimillionaires be allowed to try to buy political results? Allowed? That’s too soft a word. It is enabled by our pathetic, antiquated and anti-democratic rules on political spending. Hosking claims he wants to secure the sovereign future of this independent-minded democracy. But there is no greater threat to sovereignty, independence or democracy than the power money wields over our politics (…) The third issue is political funding that operates in a different sphere. It’s not illegal, it’s worse than that: there are no effective rules of any kind. This is the use of dark money that seeks not to influence elections directly, but to change the broader political landscape. Dark money is funding used, without public knowledge, by front groups (…) Why has there been no effective action on climate change? Why are we choking on air pollution? Why is the junk food industry able to exploit our children? Because governments and their agencies have rolled over and let such people make a mockery of informed consent ”

George Monbiot, ‘Dark money is pushing democracy in the UK over the edge’, The Guardian

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