Democracy is a
system of government by the whole population or all the eligible members of a
state, typically through elected representatives.
Capitalism is an
economic and political system in which a country's trade and industry are
controlled by private owners for profit, rather than by the state. Synonyms: free enterprise, private
enterprise, the free market.
Communism is a
political theory derived from Karl Marx, advocating class war and leading to a
society in which all property is publicly owned and each person works and is
paid according to their abilities and needs.
Socialism is a
political and economic theory of social organization that advocates that the
means of production, distribution, and exchange should be owned or regulated by
the community as a whole.
Aristocracy is
a form of government that places power in the hands of a small, privileged
ruling class.
Oligarchy is a
form of power structure in
which power
effectively rests with a small number of people. These people might be
distinguished by royalty, wealth, family ties, education, corporate, religious
or military control. Such states are often controlled by a few prominent
families who typically pass their influence from one generation to the next. The iron law of oligarchy is a political
theory, first developed by the German sociologist Robert Michels in his 1911 book, Political
Parties. It claims that rule by an elite, or oligarchy, is inevitable as an "iron law"
within any democratic organization as part of the "tactical and technical
necessities" of organization.
Plutocracy is
a form of oligarchy and defines a society ruled or controlled by the small
minority of the wealthiest citizens.
Oligopoly is a
state of limited competition, in which a market is shared by a small number of
producers or sellers.
Kake means iniquitous,
evil, heartless, and corrupt.
Kakistocracy is
government under the control of a nation's worst or least-qualified citizens.
Some may
conclude that we now have a Kakistocracy resulting from the oligarchy. Perhaps it is time for some democratic
socialism. POWER TO THE PEOPLE!
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