In the wake of the recent Goldman Sachs revelations, it is clear that we are still working our way through the financial and ethical wreck imposed by investment bankers that were “too big to fail”. They represent the ‘Big Brother Corporate Bankers’ who had enormous capacity to force governments to abandon the normal purpose of governing – for the benefit of citizens.

The phenomenon of over-reach of corporate influence over the economy is not confined to the banking sector. Another industry that has increased its influence, to the extent that it can now be seen as an alternative private ‘tax collecting’ agency, is the complex intellectual property industry (IP).