Take MI5. Their remit explicitly includes safeguarding the democratic system. Yet when you’ve got a government holding cosy meetings with global asset managers and, like magic, Digital ID turns into a flagship national policy nobody voted for, where are they? Nowhere. They’re busy pumping out LinkedIn-based “espionage alerts” about Chinese headhunters while ignoring policy capture happening in broad daylight. They don’t even need the Prime Minister’s blessing to investigate that kind of threat. They just… don’t.
So yes, we have oligarchic corporatism. But the real failure is that the institutions meant to keep it in check have basically checked out.