Plutocracy

From Quotes
The greatest blunders, like the thickest ropes, are often compounded of a multitude of strands. Take the rope apart, separate it into the small threads that compose it, and you can break them one by one. You think, "That is all there was!" But twist them all together and you have something tremendous.
Victor Hugo
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  • "Dynastic wealth, the enemy of a meritocracy, is on the rise. Equality of opportunity has been on the decline. A progressive and meaningful estate tax is needed to curb the movement of a democracy toward plutocracy."
    • Warren Buffet speaking to the US Senate Finance Committee, November 14,2007

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  • We’re not a democracy. It’s a terrible misunderstanding and a slander to the idea of democracy to call us that. In reality, we’re a plutocracy: a government by the wealthy.
    • Ramsey Clark, former U.S. Attorney General
  • Of all forms of tyranny the least attractive and the most vulgar is the tyranny of mere wealth, the tyranny of plutocracy.
    • John Pierpont Morgan
  • I hope we shall crush in its birth the aristocracy of our moneyed corporations, which dare already to challenge our government to a trial of strength and bid defiance to the laws of our country.
    • Thomas Jefferson
  • This court is no respecter of wealth or other claims of immunity!
    • Judge Kennesaw Mountain Landis


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