A capitalist liberal democracy can sometimes be described as a stealth plutocracy. Democracy, capitalism and industrialism (all integrated into a form of plutocracy) are major forces driving for globalization.
- “Abolish plutocracy if you would abolish poverty. As millionaires increase, pauperism grows. The more millionaires, the more paupers.” – Rutherford Birchard Hayes (1822�1893), U.S. president.
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