Oligarchy in America

Oligarchy in America

In democracies, the demos, the people, rule; not social or economic elites. This was the understanding of philosophers in Athens twenty-five centuries ago, and it remained the consensus view well into the modern era.

The received wisdom was that, like anarchy, democracy is a theoretical possibility that can be instructive to reflect upon, but not an ideal that anyone of sound mind would actually endorse.

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