Saying nothing is tantamount to acceptance.
Those outside the power fold, so that to keep themselves elected, manyĬouncillors fall in line with the plutocratic officer core concerning kleptocracticĭevelopment - or alternatively, say nothing about such practices. In fact about 450,000 non-residents constitute the city's day-time population, far outnumbering the City's 7,000 residents.ĭistrict, are known to be controlled by a core of officers who are supported by a core of councillors who fail to question or investigateĬorruption where there is a system of granting planning favours to someĪnd ruthless enforcement (institutionalised discrimination) against The principal justification for this arrangement is that most of the services provided by the City of London Corporation are used by the businesses in the City. More than two-thirds of voters are not residents, but rather representatives of businesses and other bodies that occupy premises in the City, with votes distributed according to their numbers of employees. The City (also called the Square Mile of ancient London, corresponding to the modern financial district, an area of about 2.5 km2) has a unique electoral system for its local administration, separate from London proper. Former Chairman of the federal reserve, Paul Volcker, also believes the US is developing into a plutocracy. Throughout history, political thinkers such asĬhurchill, 19th-century French sociologist and historian Alexis de Tocqueville, 19th-century Spanish monarchist Juan Donoso Cortés and today Noam Chomsky have condemned plutocrats for ignoring their social responsibilities, using their power to serve their own purposes and thereby increasing poverty and nurturing class conflict, corrupting societies with greed and hedonism.Īccording to Noam Chomsky and Jimmy Carter, the modern day United States resembles a plutocracy, though with democratic forms. The term plutocracy is generally used to describe or warn against an undesirable condition. The concept of plutocracy may be advocated by the wealthy classes of a society in an indirect or surreptitious fashion, though the term itself is almost always used in a pejorative sense. Plutocracy is linked to the term dynastic wealth. Trying to divest themselves of a change that upsets their empireĪ plutocracy or plutarchy is a society that is ruled or controlled by people of great wealth or income.
Is an old Biblical proverb, that is equally true of wealthy nations Is harder for a rich man to enter the kingdom of heaven than pass Much invested in oil wells on land and rigs offshore. More prominent members are the biggest users of fossil fuels, with so
Their members to change their dirty habits. United Nations is an organization that is finding it hard to persuade
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