WEBVTT - What Is an Oligarchy (and Are We One)?

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<v Speaker 1>Welcome to brain Stuff production of iHeart Radio. Hey, brain Stuff,

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<v Speaker 1>Lorn bog Obama here. Senator Bernie Sanders, the Vermont Independent

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<v Speaker 1>who again is running for the Democratic nomination for president,

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<v Speaker 1>proclaimed in a twenty nineteen speech to sixteen thousand supporters

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<v Speaker 1>in San Francisco, we say no to oligarchy. Sanders, who

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<v Speaker 1>warns that billionaires are buying elections and exerting too much

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<v Speaker 1>power over the government, refers to oligarchies frequently. But he's

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<v Speaker 1>not the only one around the web. But you'll see

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<v Speaker 1>places ranging from Russia, China, and Saudi Arabia to Brazil

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<v Speaker 1>and even Hong Kong described as oligarchies. Seventeen Salon article

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<v Speaker 1>even warned of the growing power of a global uber

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<v Speaker 1>oligarchy comprised of wealthy, superpowerful figures ranging from financiers to

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<v Speaker 1>rock stars. And the concept isn't just owned by the

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<v Speaker 1>left either. President Donald Trump may not have used the

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<v Speaker 1>same terminology, but the billionaire businessman rose to power in

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<v Speaker 1>part by railing against the elites that he accused of

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<v Speaker 1>disenfranchising ordinary Americans. If you're not a political science major,

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<v Speaker 1>you may be wondering what exactly is an oligarchy anyway,

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<v Speaker 1>and do we really have one in the United States.

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<v Speaker 1>We spoke with Braun form Sano, the William T. Bryan

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<v Speaker 1>Shair of American History and Professor Emeritus of History at

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<v Speaker 1>the University of Kentucky. He's written a couple of books

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<v Speaker 1>on the subject American oligarchy, The Permanent Political Class, and

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<v Speaker 1>Plutocracy in America. How increasing inequality destroys the middle class

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<v Speaker 1>and exploits the poor. Formisano explained, an oligarchy is a

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<v Speaker 1>combination of wealth and power and often tends to close

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<v Speaker 1>off access to its ranks, pulling up the ladder. Oligarchy,

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<v Speaker 1>from the ancient Greek word meaning few, is a concept

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<v Speaker 1>that goes back to the Greek philosopher Aristotle, who used

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<v Speaker 1>it to describe a society governed by select few, wealthy

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<v Speaker 1>or aristocratic people, as opposed to rule by a single

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<v Speaker 1>monarch or a democracy in which the great mass of

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<v Speaker 1>people of humble means holds control. Aristotle actually didn't favor

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<v Speaker 1>either oligarchy or democracy. He preferred a sort of half

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<v Speaker 1>decaff cup of Joe, in which a middle group of

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<v Speaker 1>moderately wealthy citizens controlled the reins. In the early nineteen hundreds.

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<v Speaker 1>Philosopher Rubert Michelle's came up the Iron Law of oligarchy.

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<v Speaker 1>It holds that any organization or society, even one that

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<v Speaker 1>espouses democratic ideals of popular rule, inevitably will devolve into

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<v Speaker 1>oligarchic rule, in which a few people take most of

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<v Speaker 1>the power, in part because rank and file members tend

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<v Speaker 1>to want someone to tell them what to do. In America,

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<v Speaker 1>Sanders isn't the first politician to be concerned about oligarchy.

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<v Speaker 1>Fear that an entrenched elite would seize power dates back

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<v Speaker 1>to the error when the nation was founded. John Adams,

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<v Speaker 1>who became the second U S President, in particular, saw

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<v Speaker 1>it as a potential menace. We spoke with Luke Mayville,

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<v Speaker 1>author of the book John Adams and the Fear of

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<v Speaker 1>American Oligarchy. He said, our popular history paints us as

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<v Speaker 1>a revolutionary society that overthrew monarchy, but revolution era America

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<v Speaker 1>was also full of animosity towards anything resembling formal nobility

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<v Speaker 1>or aristocratic privilege. This animosity made its way into the U.

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<v Speaker 1>S Constitution in the form of the nobility clause of

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<v Speaker 1>Article one, which prohibits the federal government from granting titles

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<v Speaker 1>of nobility. What made Adams unique was a systematic manner

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<v Speaker 1>in which he theorized about oligarchy and documented the threat

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<v Speaker 1>that oligarchy had posed throughout history. Mayville continued relatively early

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<v Speaker 1>in his adult life. Adams was struck by the disproportionate

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<v Speaker 1>influence enjoyed by men of wealth and illustrious lineage, but

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<v Speaker 1>the record shows that he became much more fearful of

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<v Speaker 1>oligarchy during his long sojourn as diplomat in Europe in

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<v Speaker 1>the late seventeen seventies and early seventeen eighties. In the

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<v Speaker 1>Old World, he became a careful observer of the power

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<v Speaker 1>that went hand in hand with family, lineage, physical beauty,

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<v Speaker 1>and especially wealth. When he compared these observations of the

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<v Speaker 1>Old world to conditions in the New World, he saw

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<v Speaker 1>more similarities than differences. But Adams didn't exactly see the

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<v Speaker 1>world the same way as does Sanders, for example, or

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<v Speaker 1>Senator Elizabeth Warren, another presidential candidate who was concerned about

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<v Speaker 1>the concentration of wealth and power. Because Adams worried about

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<v Speaker 1>rule by ordinary citizens as well, almost as much as

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<v Speaker 1>he worried about oligarchy. He thought that giving everyone the

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<v Speaker 1>right to vote would inevitably lead to all currently held

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<v Speaker 1>private property being divvied up and redistributed. He believed in

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<v Speaker 1>a balance between the power of the wealthy few and

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<v Speaker 1>the organized power of the lower classes, something perhaps it

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<v Speaker 1>can to Aristotle's concept of a mixed ruling class. Oligarchies

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<v Speaker 1>can develop in societies for several reasons. In a country

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<v Speaker 1>with a monarchy or dictatorship, if a leader becomes too

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<v Speaker 1>weak or incompetent rule, the strata of powerful people under

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<v Speaker 1>the leader may start to siphon away his authority and

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<v Speaker 1>ultimately may replace him with a puppet or else one

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<v Speaker 1>of their own members. It's also possible for an elite, say,

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<v Speaker 1>for example, super wealthy business moguls, to take control of

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<v Speaker 1>a society because they're good at getting things done, whether

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<v Speaker 1>or not those things are in the best interests of

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<v Speaker 1>everybody else. And there's also oligarchy by default, in which

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<v Speaker 1>a democracy essentially withers because ordinary people allow an elite

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<v Speaker 1>to take over because it's easier than staying informed and

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<v Speaker 1>grappling with complexities of governing. The question of whether the

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<v Speaker 1>US is turning into an oligarchy, or perhaps already is one,

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<v Speaker 1>has become a subjective heated debate back In an analysis

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<v Speaker 1>out of Princeton and Northwestern University, studied one thousand, seven

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<v Speaker 1>hundred and seventy nine different policy issues and concluded that

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<v Speaker 1>economic elites and groups representing business interests had a lot

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<v Speaker 1>of influence upon US government policy, while ordinary citizens and

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<v Speaker 1>interest groups representing them held a little sway. They didn't

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<v Speaker 1>actually use the term oligarchy, though news media headlines summarizing

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<v Speaker 1>their work did, but several other scholars published rebuttals arguing

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<v Speaker 1>that either the masses and the elites didn't really disagree

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<v Speaker 1>that much about policy choices, or that when they did,

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<v Speaker 1>the masses usually prevailed. Public opinion though, suggests that most

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<v Speaker 1>people think of the U S As oligarchic, even if

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<v Speaker 1>they don't call it that. In seen poll, sevent of

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<v Speaker 1>Americans said that people like them have too little influence

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<v Speaker 1>in Washington, and two percent believed that wealthy people had

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<v Speaker 1>too much power over the government here in the U S.

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<v Speaker 1>Foremisano said, it's not a matter of restrictions, but more

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<v Speaker 1>closing of opportunity and diminishing chances for the middle and

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<v Speaker 1>lower classes. Even some billionaires worried that the nation's rising

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<v Speaker 1>income inequalities unsustainable and may endangerr capitalism's future, even if

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<v Speaker 1>they're not quite ready to give up all their influence.

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<v Speaker 1>Today's episode was written by Patrick J. Tiger and produced

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<v Speaker 1>by Tyler Clang. Brain Stuff is a production of iHeart

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<v Speaker 1>Radio's How Stuff Works. For more in this and lots

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