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Letter: Oligarchy or democracy?

To the Editor:

Not since the Gilded Age (1890s-1920s) have Americans witnessed the concentration of wealth in such few hands. The term oligarchy is widely used in the media and it describes a country controlled by an elite composed of corporate CEOs, financial institutions, millionaires, billionaires and the minions that serve them.

A parasitic, self-aggrandizing oligarchy is destroying the environment and is devoid of any sense of responsibility for the public good.

Their message is one of winners and losers and they justify their machinations by spreading the gospel of selfishness, of an individualism that embraces Adam Smith’s vile maxim: “All for ourselves and nothing for anyone else.” 

The above ideology is destructive of not only the physical world but also all of the creatures that rely on its abundance for survival. A whole generation of children are caught up in the maelstrom of wars, violence, drought and famine.

Sixty-six million refugees exist in a stateless no-man’s land. Many are left adrift by environmental catastrophes and others are victims of the most technologically advanced war machine ever devised. They flee dysfunctional, dangerous nation states and are rejected and criminalized by the world’s more affluent countries.

The oligarchic belief system of neoliberalism which advocates privatization, deregulation and free market fundamentalism is losing its allegiance among a majority of the world’s people.

They want a more egalitarian, democratic world. A world where wealth is more equally distributed, where food, shelter and medical care are not privileges but are human rights.

The growing demand for a world governed by the people and for the people will only increase in its intensity. 

Don Torrence


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