"As long as the special interests pay to elect the pols, we will have government of the special interests, by the special interests, and for the special interests". - Molly Ivins
Thursday, November 17, 2011
Bill Moyers on Plutonomy
Bill Moyers signs off his last broadcast with an editorial discussion on why plutocracy and democracy don't mix.
Plutonomy: noun. An economy that is driven by or that disproportionately benefits wealthy people, or one where the creation of wealth is the principal goal. [Blend of pluto- (wealth) and economy.]
1 comment:
Plutonomy:
noun. An economy that is driven by or that disproportionately benefits wealthy people, or one where the creation of wealth is the principal goal. [Blend of pluto- (wealth) and economy.]
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