Tag Archives: plutocracy

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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