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The term plutocracy is generally used as a pejorative to describe or warn against an undesirable condition. [3] [4] Throughout history, political thinkers and philosophers have condemned plutocrats for ignoring their social responsibilities, using their power to serve their own purposes and thereby increasing poverty and nurturing class conflict and corrupting societies with greed and hedonism.
A number of Wikipedia articles contain pro and con lists: lists of arguments for and against some particular contention or position.These take several forms, including lists of advantages and disadvantages of a technology; pros and cons of a proposal which may be as technical as Wi-Fi or otherwise; and lists of criticisms and defenses of a political position or other view (such as socialism or ...
A review in The Guardian, while generally praising Plutocrats, noted that it was "short of solutions" to the problems it identifies. [7] According to Anthony Gould, Plutocrats argues that the American Dream is "apparently over", because American society no longer rewards entrepreneurs who produce useful or valuable goods and instead favours financial chicanery as a way to get rich.
The list was criticized as biased towards English-language books, particularly those published by American authors. [3] Nigerian academic Ainehi Edoro criticized the lack of literature by African authors and the predominance of American literature on the list and called the list "an act of cultural erasure". [4]
Timocracy (Book VIII, 545 B - 550 B) is listed as the first "unjust" regime. Aristocracy degenerates into timocracy when, due to miscalculation on the part of its governed class, the next generation of guardians and auxiliaries includes persons of an inferior nature (the persons with souls made of iron or bronze, as opposed to the ideal ...
Eight years after Kapur and his team developed and published their plutonomy thesis, the French economist Thomas Piketty achieved worldwide prominence with his book Capital in the Twenty-First Century. In this book, he shows a strong long-term trend toward more concentrated income and wealth. Some economists took issue with this diagnosis.
(The Center Square) – Thomas Schatz, president of Citizens Against Government Waste, testified before Congress this week about the need for financial reform in the government. "The budget has ...
Today's neocons are a shrunken remnant of the original broad neocon coalition. Nevertheless, the origins of their ideology on the left are still apparent. The fact that most of the younger neocons were never on the left is irrelevant; they are the intellectual (and, in the case of William Kristol and John Podhoretz, the literal) heirs of older ...