William Engdahl, NEO 11-11-14… ” Princeton makes it official — USA Has Become Oligarchy, No Democracy”

Kauilapele's Blog

45345345353Last April, I posted another article about this report, or maybe this is an update from that one. Anyway, it’s perhaps a useful tool for those who might not think that the “American System” has been taken over by this thing called “oligarchy”.


Princeton makes it official — USA Has Become Oligarchy, No Democracy

American media is fond of speaking about “Russian Oligarchs” as if Russia were the only nation that allowed accumulation of such unprecedented wealth. The Yeltsin days of dis-order and collapse indeed saw the rapid rise of many fortunes and oligarchs—persons of very much wealth. Some of them have proven patriotic citizens, some like Khodokorvsky or the late unlamented Boris Berezhovsky proved to be loveless gangsters. A new study, however by a Princeton University Professor of the influence of very wealthy or economically powerful persons on American political policies makes clear for the first time…

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