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27min chapter
#1690 Oligarchy Unmasked: Why Billionaires Hate Democracy and How They're Dismantling It
Best of the Left - Leftist Perspectives on Progressive Politics, News, Culture, Economics and Democracy
Oligarchy's Grip on Democracy
This chapter explores the detrimental effects of oligarchy on democratic ideals, emphasizing how wealth increasingly translates into political power and influences governance. It highlights historical insights, particularly from Aristotle, to illustrate the erosion of democratic principles in favor of elite interests, drawing parallels with the current political landscape in the U.S. Moreover, it discusses significant judicial rulings and the decline of antitrust enforcement, underscoring the manipulation of media and institutions by wealthy elites to maintain their dominance and undermine democratic integrity.
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