Can America escape plutocracy?

Consider the evidence amid the 'noise' of the election campaign

Supporters of US President Donald Trump and his rival Joe Biden waving flags in Miami on Oct 5, 2020.PHOTO: AFP

Throughout human history, wise men have warned of the dangers of plutocracy. 

In Plato’s Republic, Socrates warned of the dangers of selecting captains of ships by their wealth. Teddy Roosevelt also warned: “Of all forms of tyranny, the least attractive and most vulgar is the tyranny of mere wealth, the tyranny of a plutocracy.”

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