Democracy

A plutocracy is a system of rule by people of wealth, which describes our situation far more accurately than the term democracy. We have been an Empire ruled as a plutocracy since our founding. Hear my video commentary on American Plutocracy and the transition to Deep Democracy.

Money is one of the most extraordinary of human inventions. As a means of exchange it makes modern commerce possible and is one of the most beneficial of institutions. As an instrument of power it can support the most insidious  and destructive of tyrannies, particularly when the processes of its creation and extinction are hidden from public view and shielded from public accountability.