There are at least two fundamental requirements for a functioning democracy. In various ways, in recent years, we have seen political parties in Australia attempting to subvert and limit these requirements. This is an assault on democracy itself. It may not be deliberate – political parties, like business entities, will work within the constraints of the law to achieve their ends, and loopholes and aggressive tactics are a part of the game. But dress it up how you may, attempting to coerce the workings of parliament and the electoral choices of a population is anti-democratic even if done within the limitations of the laws of that democracy.
In the business sphere, there is an overarching structure to act as a check and balance. The courts, and above them the legislature, ensure that eventually businesses that exploit loopholes to the detriment of the community can be brought back into line. Through the testing of legislation in the courts, through the drafting of new laws and regulations, there are means to help ensure that the system is fluid and no entities can subvert the intention of the regulations to which all businesses are subject.
Politics has no such overarching structure. The limits on politics are the various parties themselves – where one party oversteps the bounds, the only bodies that can pull them up on it are other political parties. Some of the time this works. And sometimes it does not.