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You have provided, perhaps unintentionally, a wonderful concretization on the difference between political power and economic power. In even simpler terms, its
by eej71 3y ago
You have provided, perhaps unintentionally, a wonderful concretization on the difference between political power and economic power. In even simpler terms, its the difference between the gun and the dollar.
- MeImCounting 3y agoThat is indeed the comparison I was trying to make. The average citizen should (if our democratic system worked correctly) wield just as much political power as the oligarch through his vote and so should be able to wield that power, collectively with the rest of society, to limit the economic power of the oligarch. Unfortunately as our system works now the oligarch wields both substantially more political power through lobbying and general corruption in the government and courts as well as clearly wielding more economic power. What I am saying is that we as a society should endeavor to reduce the misbalance in economic power between the oligarch and the average citizen.