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Oligarchic plutocracy
Oligarchic plutocracy






oligarchic plutocracy

Over the course of the last few decades, their influence on politics, banking systems, vaccines, food, and education in America is inconceivable. So who are the elite groups, and what do they control? The Rockefeller, Gates and Morgan families are to name only a well-known few. political system, even when fairly large majorities of Americans favor policy change, they generally do not get it.”Īs ominous as the term “plutocracy” sounds, it largely remains a faceless threat. Moreover, because of the strong status quo bias built into the U.S. When a majority of citizens disagrees with economic elites and/or with organized interests, they generally lose.

oligarchic plutocracy

The study states: “In the United States, our findings indicate, the majority does not rule – at least not in the causal sense of actually determining policy outcomes. Not a democracy or an oligarchy, but more precisely, a plutocracy. government is plutocracy.Ī plutocracy is a government by the richest people, and unfortunately, that is what the United States is today. Instead, Gilens and Page refer to the ruling class as “economic elites,” which means a more correct term to characterize the current U.S. This was a vague descriptor selected by reporters to jazz up headlines. Interestingly enough, Gilens and Page never used the word “oligarchy” to describe the ruling class in their study. However, while the word “oligarchy” is currently being cycled in the news world, this imprecise term ignores Gilens and Page’s own description of the current state of the U.S. In simple terms, oligarchy means government by the few. more oligarchy than democracy, study suggests.” The headline of an article by MSNBC reads: “U.S. Headlines of countless articles from various news sources declared that the United States is no longer a democracy, but an oligarchy. The study went viral upon its publication. The research concluded that average citizens – including all of us here at WSU – actually have little to no independent influence. This comparison revealed economic elites and organized groups that represent business interests have a significantly greater impact on U.S. policies that were enacted by politicians within a 20-year period between 19, to the type of policies preferred by the average and wealthy American, according to an article by The Washington Times. In the study, “Testing Theories of American Politics: Elites, Interest Groups and Average Citizens,” Gilens and Page compared 1,800 different U.S. This is the conclusion of a recent study conducted by Princeton University Professor Martin Gilens and Northwestern University Professor Benjamin I. The United States government is dominated by an elite group of individuals who hold all of the money, and therefore, all of the power.








Oligarchic plutocracy