Archive for November 6th, 2013

Plutocracy

The Wikipedia entry on Plutocracy begins:

Plutocracy (from Greek πλοῦτος, ploutos, meaning “wealth”, and κράτος, kratos, meaning “power, dominion, rule”), also known as plutonomy or plutarchy, defines a society or a system ruled and dominated by the small minority of the top wealthiest citizens. The first known use of the term is 1652. Unlike systems such as democracy, capitalism, socialism or anarchism, plutocracy is not rooted in an established political philosophy and has no formal advocates. 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.

As befits theoretical virgin territory, this definition provokes a few rough-cut thoughts.

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November 6, 2013admin 59 Comments »
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Exculpation

Toronto Mayor Rob Ford for dummies: OK, sure, I smoked some crack cocaine, but it doesn’t really count as a transgression because it happened during a drunken stupor …

(I have to admit to quite a lot of affection for this guy.)

November 6, 2013admin 7 Comments »
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