3 Comments
Apr 19·edited Apr 19

David. We created our own Anocracy* by ignoring our Founding Father's wisdom. They knew that every democracy in history ended in autocratic rule. (Every. Democracy.) ... Typically after popularly electing a demagogue who then "reluctantly" agrees to be King.

The Fathers knew about Aristotle's forms of governments: Rule of One (kings or tyrants), of Few (aristocrats or oligarchs), or Many (polity or democracy). Spoiler: to Aristotle, to Washington, to Adams, and especially to Tom Jefferson - Democracy was the B.A.D. form of government they wished to avoid. They had hoped to balance the powers between the States, the President (the One, or Roman Consul), the Senate / Courts (aristocrats of the States, or Roman Senate), and the House (the polity or Roman Tribunes). Sadly, the Civil War and the 17th amendment removed power from the States and turned the Senate into an echo chamber of the House.

Voila! Anocracy.

Just like the Ancients, we now have Alcibiades instead of Solon and Pericles; we have Caesar and Sulla instead of Cincinnatus and Cato. This outcome wouldn't surprise Russell Kirk, any student of the Roman Republic, or any student of the French Revolution...

I strongly suggest you read two books: Kirk's <Roots of American Order>, and Duncan's <The Storm Before the Storm> for more context. Godspeed.

*a regime that mixes democratic with autocratic features.

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Seriously thought provoking. Thank you!

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Thus reads like the financial equivalent of alternative medicine with sprinkling from the voodoo science of economics. Vietnam is called Marxist but Medicare and the USD going fiat are ignored. How does one identify the difference between a 4.0 turning and a 3.8 turning?

Owning gold means one can just say no to much of this.

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