Date:   2/27/2008 9:20:45 PM ( 16 y ago)
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URL:   https://www.curezone.org/forums/fm.asp?i=1121803

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America isn't a Democracy ourselves ..... Hell, we are basically a Plutocracy, so stop using that term when it is used to confuse the poor and illiterate

Quote:
The term "plutocracy" is formally defined as government by the wealthy, and is also sometimes used to refer to a wealthy class that controls a government, often from behind the scenes. More generally, a plutocracy is any form of government in which the wealthy exercise the preponderance of political power, whether directly or indirectly.

Plutocracy may also have social and cultural aspects.

Thus, in Democracy for the Few political scientist Michael Parenti is led to comment "American capitalism represents more than just an economic system; it is an entire cultural and social order, a plutocracy, a system of rule that is mostly by and for the rich.


http://www.progressiveliving.org/plutocracy_defined.htm

 

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