How Financial Secrecy Undermines Democracy

IF 4.3 1区社会学 Q1 POLITICAL SCIENCE

Journal of Democracy Pub Date : 2023-10-01 DOI:10.1353/jod.2023.a907690

Charles Davidson, Ben Judah

引用次数: 0

Abstract

Abstract: The expansion and sheer enormity of the financial-secrecy system is undermining democracy to an alarming extent. This system has distorted capitalism and its elites' relationship to taxation and the public realm to such an extent that powerful vested interests are now attached to a financial system that a) conceals kleptocracy, crime, and foreign interference, and b) exacerbates inequality to a degree unrecognized precisely because of the system's secrecy. The state of the public realm shows that capitalism with a secrecy system has become increasingly hard for a democratic polity to hold accountable. Understanding the architecture of the financial-secrecy system, one can identify how to conduct its deconstruction.

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金融保密如何破坏民主

摘要:金融保密制度的扩张和庞大正在以惊人的程度破坏民主。这个体系扭曲了资本主义及其精英与税收和公共领域的关系，以至于强大的既得利益集团现在依附于一个金融体系，这个金融体系a)掩盖了盗贼统治、犯罪和外国干涉，b)加剧了不平等，而正是由于这个体系的保密性，这种不平等在某种程度上被忽视了。公共领域的现状表明，拥有保密制度的资本主义已变得越来越难以让一个民主政体问责。了解金融保密体系的结构，就可以确定如何进行解构。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Journal of Democracy POLITICAL SCIENCE-

CiteScore

6.30

自引率

6.50%

发文量

期刊介绍： Since its inception in 1990, the Journal of Democracy has become an influential international forum for scholarly analysis and competing democratic viewpoints. Its articles have been cited in The New York Times and The Wall Street Journal and widely reprinted in many languages. Focusing exclusively on democracy, the Journal monitors and analyzes democratic regimes and movements in scores of countries around the world. Each issue features a unique blend of scholarly analysis, reports from democratic activists, updates on news and elections, and reviews of important recent books.