Billionaire Activists

The much-vaunted separation of the 1 percent, or 1 percent of the 1 percent, from the rest of society doesn’t mean simply that some people have many more homes and cars and planes than the rest of us; nor does it mean they can simply finance an insurgent candidate who might not otherwise be viable (as was the case with some antiwar Democrats in the late ’60s). It means they possess a truly enormous power to shape perceptions in our society, to bend democracy more than was possible before. What can we call such a system? Clearly Robert Dahl’s “polyarchy” concept needs serious revision. Who might undertake it?

Scott McConnell
Who Governs?”
The American Conservative
January 21, 2015

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Author: David Wolf

An adviser to corporations and organizations on strategy, communications, and public affairs, David Wolf has been working and living in Beijing since 1995, and now divides his time between China and California. He also serves as a policy and industry analyst focused on innovative and creative industries, a futurist, and an amateur historian.

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