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"Are they real?" That's the question people usually ask when they hear for the first time of the "Citigroup Plutonomy Memos." The sad truth is: Yes, they are real, and instead of being discussed on mainstream media outlets all over America and beyond, Citigroup was surprisingly successful so far in suppressing these memos, using their lawyers to issue takedown-notices whenever these memos were being made available for download on the internet.
Then comes a key-part of the first "Plutonomy" memo: Plutonomy only works if the members of a society have the impression that they can still participate, despite the harsh inequalities, that they "can join it." The analysts use the term "robber-baron economies" and conclude that a "potential social backlash" is possible. Becoming a "Pluto-participant" is the "embodiement of the 'American Dream'" -and this dream should not die, otherwise the Plutocrats could be in real trouble.
originally posted by: Asktheanimals
Every University I hear discussing the US calls us a "democracy" same as most politicians and leftist hacks. As if repeating something enough times will make it a fact. Keep dreaming socialists and world government wannabes, the US is a Republic and the only form of government that I will recognize.
originally posted by: paraphi
. The nature of Russian politics, based around corruption and nepotism, is more oligarchic in nature.
America is an oligarchy, not a democracy or republic, university study finds
To be proper the US is a Constitutional Republic.