Democracy

From MgmtWiki
Revision as of 09:39, 5 July 2022 by Tom (talk | contribs)

Jump to: navigation, search

Full Title or Meme

A form of government that is the worst possible, except for all of the others that have been tried so far. - Winston Churchill

Context

  • We must make our choice, we may have Democracy or we may have wealth concentrated in the hands of a few. But we can't have both. Louis Brandeis. [1]
  • The context here is a political system that supports private property, and a capitalist economy based on private companies, all of which are regulated by the rule of law.

Problems

Inequality

The wealth holders have always used their wealth to manipulate the system. In the feudal system it involved the struggle of the barons against the King. Once equality before the law was introduced, the wealth holders were at a disadvantage when taxes were controlled by the majority. But now they hired experts to game the democratic systems to their own advantage. In Britan the law was settled by the law nobles in the supreme court of the house of Lords. In the US the wealth holders have found a way to bribe the law makers into putting judges on the Supreme Court that are friendly to their concerns to the point where any limitation on their ability to influence legislation has been ruled unconstitutional.

References

  1. Kurt Anderson, Evil Geneuses, Random House (2022) ISBN‎ 978-1984801340