A plutocracy is a nation run by the rich for their own special interests. Once a republic, the United States has lost its way and the Supreme Court has played a key role in its demise. A recent study from Princeton University found that though the general thought has been that we have a democracy, in all reality the rich and powerful are the ones who are really in control now.
Tag Archives: Politics
After World War II, America was on the rise. The Axis powers of Germany, Italy and Japan were defeated. It was time to rebuild. To tighten ties with our allies and help rebuild Europe, new global organizations were created to unite against the perceived next threat to democracy: communism. Thus were the Bretton Woods institutions, the World Bank and the International Monetary Fund, born.
Politicians were never supposed to have the kind of stranglehold on their offices they hold today. The American public is passively condoning this ineffective system by not demanding better. We need to be able to recall leaders who do not live up to their campaign promises. A lot of damage can be done in a two year term in the House of Representatives, and even more with four years in the White House or six years in the Senate.