Democracy, the rule of the people, has become an empty word. Plutocracy, the rule of the rich, describes better the predominant system. What is to be done?
Liberty, equality, fraternity... where?
Wealth, safety, progress... for whom?
Elections and markets are free in theory but in practice bend to a financial elite managing big concentrations of money. The economic establishment rules indirectly top-down politics while controlling directly top-down capital on a global scale.
What can you do?
Avoid the lure of individualism because it is just a trick to isolate you as a voter and a consumer. Use your political power in Special:MyLanguage/My communities/your communities, there is where the rule of the people can still prevail.
Identify the plutocrats that you are supporting with your capital. Don't work for them. Don't buy from them. Don't borrow their money. Don't entrust your resources to them.
Instead, support bottom-up organizations and the social economy: volunteers, self-employed professionals, cooperatives, and other businesses run by producers directly. Become part of them.
Sometimes the boycott will not be possible. Identify each problem and support projects working on solutions.
If you participate in elections, vote candidates of bottom-up organizations with transparent finances and a program dedicated to identify and boycott the plutocrats.
What money can buy in politics
Democratic states are controlled by political elites that win elections and keep their status thanks to the support of economic elites. Anybody opposing overtly the plutocrats will face all the pressure money can buy. Nobody can confront them without facing risks of deep crisis.
This minority driving global corporations, banks, and private lobbies have become immensely powerful by mastering elements of capitalism like concentration of capital, speculation, globalization, and political influence. Producing money with money, the overlords of the financial economy have taken over the productive economy that characterized traditional capitalism. Money is the plutocrats' clothes.
The evolution of capitalism
Capitalism wanted to appear benevolent, natural, and eternal. However, in its current incarnation as a global plutocracy it is cruel, unsustainable, and it will crash. Even if it keeps distracting many people from the wars, oppression and poverty it causes, it cannot trick the balance and limitations of nature.
The traditional system to enable production and commerce has evolved into a financial cloud that devours everything and extracts income from anywhere. Individual responsibility has been diluted, obfuscated, and exempted by law. While some people get immensely richer they are never accountable of losses. Their mistakes and maneuvers are paid by the society at large thanks to a political framework that they have sponsored.
Privatizing revenues and socializing losses: this is how politicians ruling democratic states serve the plutocrats at the expense of the citizens they represent. Through corruption and cronyism, a globalized elite holds the reins regardless of bankruptcies and elections. They control public and private finances, media and armies. Their concentration of power keeps growing.
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