> "Oversized financial sectors also “capture” the economies and the political systems of finance-dependent countries, crowding out alternative sectors. The political “capture” is particularly strong in small financial centres and tax havens, where I have seen it veer towards authoritarianism."
Surely "capture" is not unique to finance though - in fact it seems that political opportunists line up corporations with similar financial interests from across sectors. It doesn't take just finance to make a plutocracy with narrow interests.