{"id":19087,"date":"2016-03-23T13:15:06","date_gmt":"2016-03-23T18:15:06","guid":{"rendered":"http:\/\/olduvai.ca\/?p=19087"},"modified":"2016-03-23T15:12:49","modified_gmt":"2016-03-23T20:12:49","slug":"is-it-government-or-oligarchs","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=19087","title":{"rendered":"Is it Government or Oligarchs?"},"content":{"rendered":"<div class=\"pageTitle blogTitle\">\n<h3><a href=\"https:\/\/www.armstrongeconomics.com\/armstrongeconomics101\/basic-concepts\/is-it-government-or-oligarchs\/\" target=\"_blank\">Is it Government or Oligarchs?\u00a0<\/a><\/h3>\n<\/div>\n<div class=\"mainContent\">\n<div class=\"contentWrap\">\n<div class=\"contentMeta\"><\/div>\n<div class=\"theContent\">\n<p><a href=\"https:\/\/armstrongmedia.s3.amazonaws.com\/wp-content\/uploads\/2016\/03\/REPUBLI-OLIGARCHY.gif\" target=\"_blank\" rel=\"attachment wp-att-47910\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-47910 aligncenter\" src=\"https:\/\/armstrongmedia.s3.amazonaws.com\/wp-content\/uploads\/2016\/03\/REPUBLI-OLIGARCHY.gif\" alt=\"REPUBLI-OLIGARCHY\" width=\"500\" height=\"235\" \/><\/a><\/p>\n<p>QUESTION:\u00a0Martin,<br \/>\nI am a capitalist and what we have today is the least efficient form of capitalism. Actually it is quite a destructive and dangerous form of capitalism when the concentration of power reaches this level.\u00a0I think that in all these years that I thought we were talking about different things, maybe we were not.\u00a0You call big government what I call plutocrats controlling government.\u00a0You were blaming governments, I was blaming plutocrats that we let become soo big and powerful that can buy any government\u2026<br \/>\nYet maybe we are not that far off.<\/p>\n<p>\u2026\u00a0In any case\u2026 one question that I would love to ask you\u2026 how do you think we are going to fix the problem with the power structure? What I call the power structure is not the legitimate power structure, but the mix of oligarchs and corrupt government working as one cancerogenous entity. I do not see any reasonable way to fix it\u2026?<\/p>\n<p>Best regards<\/p>\n<p>DD<\/p>\n<p><u>ANSWER:<\/u>\u00a0I think what you have to understand is that our structure of government being a republic rather than a democracy invites oligarchy. There has never been a single republic that has ever proven to work. The admixture of money and power always\u00a0becomes\u00a0lethal. This is why I blame\u00a0government, not the oligarchs. They could not buy politicians if they were not\u00a0(1) career lifetime politicians, and (2)\u00a0all-powerful\u00a0law creators. Taxes and regulations become the incentive for the oligarchs to buy\u00a0government. If we eliminate taxes and career politicians, we will solve most of the problem. We then must eliminate\u00a0socialism,\u00a0which at its core is predicated upon the foundation of Marxism that\u00a0advocates government possessing power by insisting it could alter society by regulation. This serves as a fundamental pillar for taxation.<\/p>\n<p>&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Is it Government or Oligarchs?\u00a0 QUESTION:\u00a0Martin, I am a capitalist and what we have today is the least efficient form of capitalism. Actually it is quite a destructive and dangerous form of capitalism when the concentration of power reaches this level.\u00a0I think that in all these years that I thought we were talking about different [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[6],"tags":[5496,13073,379,5479,536,599,1092,2183,643,2530,1257,783],"class_list":["post-19087","post","type-post","status-publish","format-standard","hentry","category-liberty","tag-armstrong-economics","tag-corporate-class","tag-government","tag-martin-armstrong","tag-money","tag-oligarchs","tag-oligarchy","tag-political-class","tag-power","tag-regulations","tag-taxation","tag-taxes"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/19087","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=19087"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/19087\/revisions"}],"predecessor-version":[{"id":19088,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/19087\/revisions\/19088"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=19087"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=19087"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=19087"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}