The American Oligarchy

By the Rev. Gordon C. Stewart | Thursday, April 29, 2010

We do not live in a democracy; we live in an oligarchy, “government by the few, especially despotic power exercised by a small and privileged group for corrupt or selfish purposes” (Encyclopaedia Britannica). I’ve been waiting for people in high places to say it.

Goldman Sachs executives’ testimony Tuesday before the Senate Permanent Subcommittee on Investigations brought the elephant into the living room, but the name of this species of government remains unspoken for understandable reasons.
A democratic republic is a constitutional form of government where the people rule through their elected representatives gathered in deliberative bodies. The faces and voices of Goldman Sachs’ executives demonstrated the intransigent arrogance of the private institutional concentration of wealth and power of deregulated capitalism.

2 thoughts on “The American Oligarchy

  1. Really telling, isn’t it? We’re all ordinary persons, some in high places, some in low places in the economic and social pecking order. The offices of “Speaker of the House” and “President are high offices that should be treated respectfully by the rest of us. But it is the OFFICE we are called to respect, and we are called to pray for those who occupy those offices that their decisions would be guided by wisdom. As I watched the State of the Union address I couldn’t help but notice Mr. Boehner’s disrespecful behavior. In full view of the nation and the world, it was as if he were saying, “You’re not my President. I won’t clap. I won’t stand. You’re just an ‘ordinary person’ who refuses to play the game I’ve spent millions of dollars on, ‘some of it my own money.'” The political face of the American Oligarchy was sitting behind the people’s elected President, making faces of disdain for a President who tugged ever so gently on one of the threads that might unravel the shroud that covers the oligarchic interests that are destroying democracy in America.


  2. Gordon, John Boehner. the Speaker of the House said aout three months ago in answer to a question concernoing the perks oof Congress:” I spent several million dollars, some of it my own money, and I don’t expect to be treated as an ordinary person.” I think this speaks volumes to your previous remarks.


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