Why Some Prefer Oligarchy and (🎶 What's Russia got to do, got to do with it? 🎶) [View all]
https://terikanefield.com/why-some-prefer-oligarchy/
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How (and why) the Republican-Russian partnership came about
The Republicans hated the former Soviet Union because, in the former Soviet Union, the government owned all the nations resources and industries. The Republicans believe all (or almost all) resources and industries should be privatized.
When the Soviet Union broke up, the Russian Federation was established as a constitutional republic, but before democracy (and rule of law) could take hold, there was a wild rush to control (grab) the nations industries and resources. The people who successfully grabbed the resources and industries became billionaires. These new billionaires then hand-picked the nations leaders. (If you control everything, you can do that.)
The new Russian billionaires are usually called oligarchs, but basically theyre gangsters who got rich by stealing.
Now that a few wealthy people own all of Russias resources and pull the strings behind the scenes, lots of Republicans feel differently about Russia.
One way to understand people like Peter Thiel and Paul Ryan is that they believe a few wealthy people should control the nations resources and industries and they believe these billionaires should be able to pull the political strings. They offer a few theories for why this is good and sensible. One theory is the makers and takers theory which holds that a few clever people drive the economy with their innovation and business brilliance. These makers create jobs and wealth for a lower class of people called takers, who are generally depicted as lazy and immoral. The trickle-down theory similarly holds that if you remove regulations and let clever people do their thing without limitations, they will create wealth and jobs for everyone.
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