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Old 04-04-2007, 07:35 PM
John Kilduff John Kilduff is offline
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Join Date: Nov 2006
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Default Re: Anarchocapitalism = economic totalitarianism?

[ QUOTE ]
OP,

In a situation where anarchy of capital prevails, i.e. where wealth is not subject to the rule of law but rather is the "law" in its own right, the natural consequence is that those with more money are selected for in terms of power in society, which results in plutocracy.

[/ QUOTE ]

This raises the interesting question as to which is preferable:

1) an elite of plutocrats, or

2) an elite of elected and frequently corrupt politicians, who enjoy: wide perks, short working hours, and long vacations; and who garner enormous speaking fees and book royalties, and consistently admonish the populace to "do as I say, not as I do".

Which of the above is preferable? I don't really know, but at least the plutocrats don't pretend they're really in it for you.
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