12/20/2023 0 Comments PlutocracyThis moral crisis is coming to a head as the coronavirus pandemic lays bare America’s deep injustices. And as school buildings in poor communities crumble for lack of investment, America’s billionaires are paying a lower tax rate than the poorest half of households. Almost half of America’s workers-whether in Appalachia or Alabama, California or Carolina- work for less than a living wage. Millions more can buy unleaded gasoline for their car, but they can’t get unleaded water in their homes. The United States is the wealthiest nation in the history of the world, yet millions of American families have had to set up crowdfunding sites to try to raise money for their loved ones’ medical bills.Unlike democracy, capitalism, socialism or anarchism, plutocracy is not necessarily rooted in any definite political philosophy, and the concepts or strategies of plutocracy may be advocated or used by wealthy or powerful classes of a society in an indirect or surreptitious fashion, though the term itself is almost always used in a pejorative sense. Plutocracy (from Greek πλοῦτος, ploutos, meaning " wealth", and κράτος, kratos, meaning " power, dominion, rule") or plutarchy, refers to a society or a system ruled and dominated by a small minority of the wealthiest or most powerful citizens. ~ Bill Moyers The whole notion of the free market, laissez-faire capitalism, globalization is a very thin rationale for unmitigated greed by a tiny oligarchic elite. ~ Vladimir Lenin Millions of Americans have awakened to a sobering reality: they live in a plutocracy, where they are disposable. ~ Walter Rauschenbusch Democracy for an insignificant minority, democracy for the rich–that is the democracy of capitalist society. ~ Thomas Jefferson When the rich and the poor have justice meted to them in our courts with an uneven hand, and the fact is made plain and comprehensible, it is felt to be an outrage and a betrayal of the spirit of our institutions. ~ Oswald Spengler I hope we shall take warning from the example and crush in it's birth the aristocracy of our monied corporations which dare already to challenge our government to a trial of strength and bid defiance to the laws of our country. … There is no proletarian, not even a Communist movement, that has not operated in the interests of money, and for the time being permitted by money-and that without the idealists among its leaders having the slightest suspicion of the fact. democracy and plutocracy are the same thing. ~ Plato, Republic Of all forms of tyranny the least attractive and the most vulgar is the tyranny of mere wealth, the tyranny of a plutocracy. Since those who rule in the city do so because they own a lot, I suppose they're unwilling to enact laws to prevent young people who've had no discipline from spending and wasting their wealth, so that by making loans to them, secured by the young people's property, and then calling those loans in, they themselves become even richer and more honored.
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