oligarchy

X.2: How are Capitalism and Socialism Different?

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A CEO in a television interview once said that government must prevent corporations from becoming too big because capitalism is so efficient. He said that government must control corporation size because otherwise, we’ll all eventually be working for the same man. Ironically, he implied that unregulated capitalism and socialism end up with the same results … Read more

I.5: Do We Live in a Jeffersonian Democracy?

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Many think our government follows the principles championed by Thomas Jefferson. The phrase, “Jeffersonian democracy” is based on Thomas Jefferson’s defeat of the Federalist Party in 1800, and his tremendously democratic view of government. But I argue that, unfortunately, today we live in a society much more influenced by Jefferson’s arch-enemy, Alexander Hamilton. So we … Read more

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