5/17/2023 0 Comments Plutocracy governmentThe final chapters of Pettigrew's memoirs reflect on world events, and the fate of nations which never muzzled their monopolies and distributed wealth across their economies. Yet Senators like Pettigrew struck back against the corruption the Sherman antitrust laws, the creation of national parks and expansions of federal ownership of assets vital to the national interest put a brake on the Gilded Age. Under the guise of lobbying, many millions of dollars in bonds plus cash payments and job offers, were handed to Congressional representatives and their families. To stall the legislation, the trust owners offered colossal campaign contributions and donations to politicians in their states. Antitrust laws supported by Pettigrew took decades to materialize as these memoirs grimly rue, much damage was done in the meanwhile. With controlling interests in land, rail, steel, oil, commodities and labor, the trust owners drove out fair competition and monopolized vast swathes of the U.S. Running on an anti-corruption platform and representing South Dakota, Pettigrew was appalled as the wealthy owners of the trusts exerted unhealthy influence on the burgeoning economy of the USA. His recollections of public service span decades. In fact, Niccolo Machiavelli, an Italian political philosopher from the 15th century, recommended autocracy as a temporary measure and as a means of restoring political order and ending dissent.Richard Pettigrew was a United States Senator during the Gilded Age a time when the captains of industry gained unprecedented power. Throughout history, during times of political unrest, people have tended to accept the command of strong leaders who could take control of their countries. Dictators, especially military dictators, acquire their power by force. An oligarchy is a form of government in which power is vested in the hands of a small group, because of factors which. A plutocracy is a form of government run, or influenced by, the wealthiest members of society. Then, the dictator assumes control with the goal of establishing a new order. An aristocracy is a type of government run by members of the traditional elite of a society, who are considered the most fit to rule. just as the Russian Government, in trying to reach the discontented elements in. Most commonly, dictators gain power as a result of revolution-typically, when a group of rebels rise up in protest and overthrow the existing government. Sumner argues that democracy is vulnerable to plutocratic influence. Dictators are absolute rulers who acquire their power rather than inherit it. Their royal lineage can be traced back to ancient times when their royal ancestors ruled by divine right-as it was widely believed that they descended from the gods. Today’s kings and queens, as in ancient times, often rule by right of succession. Absolute monarchies and dictatorships still exist in modern times. Though autocratic rulers have complete power over the people of their countries, their methods of governing can be vastly different. Autocracy is a general concept rather than a specific form of government. Unlike in a democracy, the people living in. Autocracies have existed since ancient times, when kings and emperors ruled over great countries and tribal lands, and they exist today in the form of absolute monarchies and dictatorships. For this reason, scholars have often linked autocracy with totalitarian regimes, such as that of Adolf Hitler in Germany and Josef Stalin in the Soviet Union. An autocracy is a form of government in which one ruler has absolute control and decision-making power. In autocratic governments, the power of the ruler is absolute dissent is not tolerated. An autocratic ruler is accountable to no one there is no system of checks and balances, no constitutional limit on the ruler’s power, and the ruler is not held accountable by a cabinet of advisors, a system of courts, the people, or the press. Unlike in a democracy, the people living in countries with autocratic governments have no say in determining the nation’s laws, or in how those laws are enforced. An autocracy is a form of government in which one ruler has absolute control and decision-making power.
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