citizens united is where I would draw the line and no I don’t think we are an oligarchy but a plutocracy. Honestly Im not even sure if that is the right word because the money itself has the effect and the various wealthy people spending it. I don’t think they even really understand what they are doing. So its more like being ruled by money rather than the wealthy per se and honestly the ones calling the shots are the financial entities so corporations. Part of it may just be their relative power and active global decision making bend. News articles talk about musk possibly being the first trillionaire but mean while corps have based a trillion as early as 2008 and now many multi trillion dollar companies are around and the top add up to tens of trillions. So corptocracy. We had enough of that to begin with but now its out of control. Someone recently posted the international agreement that allows corps to sue countries and that finished up in the 90’s so it not only started before but is also not just a us thing.
citizens united is where I would draw the line and no I don’t think we are an oligarchy but a plutocracy. Honestly Im not even sure if that is the right word because the money itself has the effect and the various wealthy people spending it. I don’t think they even really understand what they are doing. So its more like being ruled by money rather than the wealthy per se and honestly the ones calling the shots are the financial entities so corporations. Part of it may just be their relative power and active global decision making bend. News articles talk about musk possibly being the first trillionaire but mean while corps have based a trillion as early as 2008 and now many multi trillion dollar companies are around and the top add up to tens of trillions. So corptocracy. We had enough of that to begin with but now its out of control. Someone recently posted the international agreement that allows corps to sue countries and that finished up in the 90’s so it not only started before but is also not just a us thing.
A plutocracy is a type of oligarchy
Yeah. I prefer to say plutocracy though, because its clear that the power is obtained by money specifically