Do we live in an aristocracy?

… where powerful figures engage in constant public contests with one another as a way of rallying followers and gathering support. We now think of this as an aspect of democratic systems of government, but for most of human history it was seen as more of an aristocratic phenomenon… Aristocracy after all means ‘rule of the best.’

David Graeber – in The Utopia of Rules (pp176-7) – is very matter of fact, and even more accurate, in his interpretation of our politics, something made abundantly clear in an election contest between two candidates, one a multi-billionaire businessman the other an insider from an elite political dynasty.

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