Dec 032016
 
Living In An Oligarchy The United State of Corporations USC We do not live in a democracy; we live in an oligarchy in every way but name. “government by the few, especially despotic power exercised by a small and privileged group for corrupt or selfish purposes” (Encyclopaedia Britannica). I’ve been waiting for people in high places to say it. They haven't, not even in the politics of today. An oligarchy is a form of government in which most of the political power effectively rests with a small segment of society, typically the people who have the most wealth, military strength, ruthlessness or political influence. The faces and voices of corporate owners today demonstrate the intransigent arrogance of the private institutional concentration of wealth and power of deregulated capitalism. The word "oligarchy" from the Greek words olígos, which means "few," and archo, which means "to rule". How Oligarchies Form Oligarchies are often controlled by a few powerful families whose children are raised and mentored to become inheritors of power, often at some sort of expense to those governed. In the case of the US the mechanism for the transformation to an oligarchy was the gradual accumulation of otherwise unchecked economic power. The latest mechanism to assist in this transformation was Citizens United. Oligarchy is a government by the rich for the rich. This power of the oligarchs may not always be exhibited openly. They generally prefer to remain a " power behind the throne", exerting control through economic means. Aristotle pioneered the use of the term as a synonym for “rule by the rich”, for which the exact term is plutocracy, A plutocracy is a government system where wealth is the principal basis of power (from the Greek ploutos meaning wealth). The term plutocracy is generally used to describe two unrelated phenomena. In writings about history, plutocracy is the political control of the state by an oligarchy of the wealthy. The second usage is a derogatory reference to the allegedly great and undue influence, the wealthy have on the political process in contemporary society. Again“Citizens United”, allowing for the best Government that money can buy. This influence is exerted positively (by financial "contributions", lobbying or in some cases, bribes) or negatively by refusing to financially support the government (refusing to pay taxes, threatening to move profitable industries elsewhere, etc), or both simultaneously. It can also be exerted that the owners and (more…)