Elites Against Democracy
Posted by freedomforall 1 year, 4 months ago to Politics
Excerpt:
"The core of Imperial Corruption is the disconnect between the nation’s ideals of representational democracy and open markets and the sordid reality: elites serve their interests by corrupting both democracy and open markets.
Unfettered democracy and markets cannot be controlled by a tiny, self-serving elite. Stripped of corruption, democracy and markets are free-for-alls that are constantly evolving. This open-ended dynamism is the beating heart of both democracy and open markets.
But the dynamic adaptive churn of unfettered representative democracy and open markets are anathema to insiders, vested interests and elites. Each has gained asymmetric power by subverting democracy and markets to serve their private interests. They’ve destroyed the system’s natural dynamism.
When “competition” has been reduced to two telecoms, two healthcare insurers, two pork processors, etc., the system has been stripped of adaptability and resilience.
Democracy has been replaced by an auction of political power to the highest bidder."
"The core of Imperial Corruption is the disconnect between the nation’s ideals of representational democracy and open markets and the sordid reality: elites serve their interests by corrupting both democracy and open markets.
Unfettered democracy and markets cannot be controlled by a tiny, self-serving elite. Stripped of corruption, democracy and markets are free-for-alls that are constantly evolving. This open-ended dynamism is the beating heart of both democracy and open markets.
But the dynamic adaptive churn of unfettered representative democracy and open markets are anathema to insiders, vested interests and elites. Each has gained asymmetric power by subverting democracy and markets to serve their private interests. They’ve destroyed the system’s natural dynamism.
When “competition” has been reduced to two telecoms, two healthcare insurers, two pork processors, etc., the system has been stripped of adaptability and resilience.
Democracy has been replaced by an auction of political power to the highest bidder."
When I was younger I figured I'd outlive those old elites and their power and wealth would dissipate when they are gone, but now that I'm older I know new "elites" keep taking the place of the old ones and they will likely outlive me. So, like the author, maybe I can just enjoy the circus and live my life before all the door money is embezzled and the circus finally shuts down. The best I can do is keep bitchin' and hope somebody is listening.