A first of its kind US oligarchy study yielded a rather troubling discovery and the results of the study are definitely cause for concern for most Americans. The US oligarchy study was conducted by researchers from Princeton and Northwestern Universities and the study showed that the United States is not a republic in substance, but rather an oligarchy where the rich rule and the majority of Americans have virtually no impact on policy decisions, today's report from FDL explained.
To those unfamiliar as to what exactly an oligarchy is, here's how Wikipedia defines the term: "Oligarchy is a form of power structure in which power effectively rests with a small number of people. These people could be distinguished by royalty, wealth, family ties, education, corporate, or military control. Such states are often controlled by a few prominent families who typically pass their influence from one generation to the next, but inheritance is not a necessary condition for the application of this term."
As RT News points out, the US oligarchy study focused on policy changes between 1981 and 2002 in an effort to answer elusive questions about who really rules in the United States. The researchers measured key variables for 1,779 policy issues, RT said.
The following paragraph pretty much sums up the findings: "The central point that emerges from our research is that economic elites and organized groups representing business interests have substantial independent impacts on U.S. government policy, while mass-based interest groups and average citizens have little or no independent influence. Our results provide substantial support for theories of Economic Elite Domination and for theories of Biased Pluralism, but not for theories of Majoritarian Electoral Democracy or Majoritarian Pluralism."
The problem facing the US with the oligarchy is the inordinate power exerted against certain stocks or sectors of society in the country. The oligarchy monopolizes the possibilities of progress of individuals and human groups.
The oligarchies pressure on governments and societies towards their relative superiority. A well known example is how big corporations manipulate public opinion and the media. The elite and the big corporations not only seek to grow, but have absolute market dominance in some regions. The main purpose is to remove competition and own absolute power and dominion to bid in the market.
People who are major shareholders, or simply part of the elite and wealthy, possess the ability to basically control the rest of humanity. Individual guarantees have been violated within the same capitalism, and socialism to capitalism is the exclusive ruling class. The reality is that there will always be small groups of powerful individuals who control the masses. As Gawker puts it..."regular people tend to think that their political interests are being represented when they see the triumph of some political position that they agree with. In fact, the researchers say, this is a mere coincidence. Yes, the average American will see their interests represented—as long as their interests align with the interests of the wealthy."
Do you agree with the results of the US oligarchy study? Share your thoughts and concerns in the comments section below.