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mnahmnah  ·  3432 days ago  ·  link  ·    ·  parent  ·  post: Tsipras folds, Greek state assets go into privatization fund

Noam Chomsky explained that the bottom 70% of the US population has no political control, despite marches, protests and/or votes. Influence increases as income rises, with the final biggest influence going to the top 1% of income earners. This state of political powerlessness for most of the population is called plutocracy.

Greek people clearly thought they were in a democracy, when really they (and I would imagine most of the Eurozone) live and operate in functional plutocracy.

Chomsky was quoted somewhere on Hubski recently...who's the wizard who remembers, and can give us a link?!