Tag Archives: plutocracy

The World Today: Populists, Plutocrats, Left Brahmans and the People

The world today: Populists, who solve none of the problems but are great at blaming the Other, immigrants, women, gays and liberals for them while profiting mightily and corruptly The Plutocracy, who use the Populists to divert attention from their … Continue reading

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The Price of Populism: Martin Wolf

Been silent recently: democracy dies in the noise. Some signal in the noise: FT Books Essay Economics books  Add to myFT The price of populism. Anti-elitism threatens liberal democracy and capitalism. Martin Wolf asks: Is reform the answer? Populist forces … Continue reading

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Pseudo-Revolutions from Above: Former Soviet Union and Trump’s America

Some history people don’t understand, at least as I see it. The fall of the former Soviet Union as described in “Revolution from Above: The Demise of the Soviet System” by David M. Kotz was not a bottom up revolution, … Continue reading

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Zen Koan for the Real Populists not the Plutocracy’s Puppet Populists

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A Plutocracy Ruled by Self-Centered Jerks?

Interesting new studies covered in this article by Joshua Holland from Moyers and Company at                                                http://billmoyers.com/2013/08/27/a-plutocracy-ruled-by-self-centered-jerks/  which throws some light on the famous interchange between F. Scott Fitzgerald and Ernest Hemingway. The former said ‘The rich are different’ and Hemingway replied: … Continue reading

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The Self Destruction of the 1%

  Gianni Dagli Orti/Art Resource A painting of 17th-century Venice, with a view of the banks of the Grand Canal and the Doge’s Palace, by Leandro Bassano. There is an interesting article in the New York Times today by Chrystia … Continue reading

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‘Government of the 1%, by the 1%, for the 1%’ Joseph E. Stiglitz

Nobel Prize winning economist Joseph Stiglitz has an interesting article in Vanity Fair that is summarized below. It suggests that we are no longer in a democracy but a plutocracy in which the wealthiest 1% of Americans call the shots. … Continue reading

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