Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

Showing Original Post only (View all)

Nevilledog

(51,112 posts)
Sun Feb 25, 2024, 01:21 PM Feb 25

Why Some Prefer Oligarchy and (🎶 What's Russia got to do, got to do with it? 🎶) [View all]

https://terikanefield.com/why-some-prefer-oligarchy/

*snip*

How (and why) the Republican-Russian partnership came about

The Republicans hated the former Soviet Union because, in the former Soviet Union, the government owned all the nation’s resources and industries. The Republicans believe all (or almost all) resources and industries should be privatized.

When the Soviet Union broke up, the Russian Federation was established as a constitutional republic, but before democracy (and rule of law) could take hold, there was a wild rush to control (grab) the nation’s industries and resources. The people who successfully grabbed the resources and industries became billionaires. These new billionaires then hand-picked the nation’s leaders. (If you control everything, you can do that.)

The new Russian billionaires are usually called oligarchs, but basically they’re gangsters who got rich by stealing.

Now that a few wealthy people own all of Russia’s resources and pull the strings behind the scenes, lots of Republicans feel differently about Russia.

One way to understand people like Peter Thiel and Paul Ryan is that they believe a few wealthy people should control the nation’s resources and industries and they believe these billionaires should be able to pull the political strings. They offer a few theories for why this is good and sensible. One theory is the “makers and takers” theory which holds that a few clever people drive the economy with their innovation and business brilliance. These “makers” create jobs and wealth for a lower class of people called “takers,” who are generally depicted as lazy and immoral. The trickle-down theory similarly holds that if you remove regulations and let clever people do their thing without limitations, they will create wealth and jobs for everyone.

*snip*

12 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Latest Discussions»General Discussion»Why Some Prefer Oligarchy...