"Aside from the unfair voting system and the use of big money to buy political power and influence, Britain is, broadly speaking, a political democracy. But when it comes to the economy, we remain a dictatorship. A rich and powerful economic elite makes all the key economic decisions, disenfranchising millions of employees and consumers.
Our country’s democratic political transformation – pushed forward by the Levellers, Chartists and Suffragettes – has never been matched by a corresponding economic democratisation. ‘One person, one vote’ has been won in the political sphere but not in the realm of economics. Britain’s democratic revolution, begun four centuries ago, remains unfinished.
It is time the labour movement followed the lead of the Green Party and put economic democracy on the political agenda; to bring the economy into democratic alignment with the political system." - Peter Tatchell
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http://www.leftfutures.org/2010/08/time-for-economic-democracy/