Reply To: City of London "the shocking study"
Whether an anachronism or not, the Square Mile ruled by the Corporation, is an example of real elite power. The City of London regardless of its historical origins remains a unique power-centre with special benefits, exemptions and prerogatives that has successfully defied attempts to reform its legal sanctioned status. The economics of it is the exact same as a den of thievery where the robbers divide up their spoils stolen from the actual producers of wealth – the workers of the world.
Our blog has highlighted its privileged position several times.
https://socialismoryourmoneyback.blogspot.com/2012/07/corporation.html
https://socialismoryourmoneyback.blogspot.com/2012/12/tax-heaven-is-tax-havens.html
https://socialismoryourmoneyback.blogspot.com/2013/11/the-square-mile-again.html
https://socialismoryourmoneyback.blogspot.com/2016/03/the-tax-haven-of-all-tax-havens.html