Monday, 27 September 2010

We live in a plutocracy/plutonomy - and here's the proof.

The shocking truth that we live not in a democracy but in a plutocracy - where the moneyed rule, based on a plutocratic economy (hence 'plutonomy') was exposed a few years ago in a remarkable document leaked from Citigroup. Understanding this should be an essential part of everyone's education.
Here is a definition of plutonomy: http://www.davidkorten.org/content/plutonomy
Here is the actual leaked report itself:
This material shows how much needs to change, in countries like ours. This is why we need THE SPIRIT LEVEL, the Green Party, and much more besides...

1 Comments:

Blogger Paul said...

not so shocking really...

Adrian interviewed me years ago for some thesis of his and I told him that there was no such thing as democracy.

27 September 2010 at 21:48  

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29.
The shocking truth that we live not in a democracy but in a plutocracy - where the moneyed rule, based on a plutocratic economy (hence 'plutonomy') was exposed a few years ago in a remarkable document leaked from Citigroup. Understanding this should be an essential part of everyone's education.
Here is a definition of plutonomy: http://www.davidkorten.org/content/plutonomy
Here are some discussions of leaked document: http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x6694962
http://www.ibtimes.com/articles/20090907/citigroup-2006-americamodern-day-plutonomy.htm
Here is the actual leaked report itself:
http://www.scribd.com/doc/6674234/Citigroup-Oct-16-2005-Plutonomy-Report-Part-1
This material shows how much needs to change, in countries like ours. This is why we need THE SPIRIT LEVEL, the Green Party, and much more besides...
30. 31. 32.