The International Cult of Oligarchs: On Human Destruction by the 0.01% Here and There

In the U.S. we call them “wealthy,” as if their unbounded economic power had no political consequences. For many, they appear simply as the rich and sometimes the rich-and-famous. In Russia, they are “oligarchs.” Most of them achieved multi-billionaire status because of their close relations the Vladimir Putin’s inner circle of the political elite. Of … More The International Cult of Oligarchs: On Human Destruction by the 0.01% Here and There

Panama Papers: Plutocracy, Kleptocracy, or Both?

plutocracy  [ploo-tok-ruh-see] noun, plural plutocracies. the rule or power of wealth or of the wealthy. a government or state in which the wealthy class rules. a class or group ruling, or exercising power or influence, by virtue of its wealth. kleptocracy  [klep-tok-ruh-see] noun, plural kleptocracies. a government or state in which those in power exploit national resources and steal; … More Panama Papers: Plutocracy, Kleptocracy, or Both?