Princeton University professor recognizes US ruled by oligarchs
Nov 11, 2014
Bill Engdahl wrote this article (credits at the bottom). I too have concluded that America is run by oligarchs—the same type as seen in Russia and Ukraine. That is why I have used the term to describe our own Babylonian rulers. The headline of this article is:
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 that a genuine American Oligarchy has staged a slow coup d’etat over US foreign and domestic policy over the past three decades since the era of Ronald Reagan. This American oligarchy today is the major force for war and dis-order across the planet….
It is important to have this in mind when judging “America.” The United States of America today bears little resemblance to that I knew when I grew up in the early 1960’s, when a used good Chevy cost $650 and college tuition could be afforded by ordinary Americans if they were willing to study. The oligarchy that has taken policy control behind a thin façade of “democracy” has ultimately ruined the industrial and social fabric of the United States. They are the ones behind the Trans-Atlantic Trade and Investment Partnership, or bank deregulation so they can loot the planet. This new study by Princeton’s Prof. Gilens is a refreshing attempt, even if academic and from one of the most elite academic universities, to shed some light on what is fundamentally wrong with America over the past three decades.
F. William Engdahl is strategic risk consultant and lecturer, he holds a degree in politics from Princeton University and is a best-selling author on oil and geopolitics, exclusively for the online magazine “New Eastern Outlook.”