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In our current system, decisions are made democratically - you vote politicians, who choose central bankers, who make the decisions.
by RivieraKid 5y ago
In our current system, decisions are made democratically - you vote politicians, who choose central bankers, who make the decisions.
- seph-reed 5y agoOn the scale between a full democracy and a full oligarchy, what you're describing would be a "representative democracy." Unfortunately, our representatives don't really represent us, so we're much closer to oligarchy than democracy. Also, a full democracy it terrible. It's basically the equivalent of facebook... having representatives who's full time job is to be knowledgable is much better than giving everyone an equal say on everything.