Democracy is Flourishing on Wall Street

Cleisthenes” by Licensed under Attribution via Wikimedia Commons.
Cleisthenes: The inventor of Democracy

Democracy is Flourishing

Ancient Athenian style Democracy is flourishing in only one place in the modern world. The Wall Street stock markets. They vote everyday on everything. In ancient Athens where participatory democracy was born this is how it worked. Citizens debated and voted on every issue. Up, or Down, Yes, or No. There were no elected officials that ruled unhindered for a period of 4 or 5 years. The modern politicians have turned a creative way to express the will of the people “Democracy” into an “Olympic” event. The winner is awarded 4 years of absolute rule. Democracy is not an Olympic event waged by Politicians to win power. It is the direct expression of the people’s will in all their affairs. The Athenian people’s will was obeyed and actualized on a regular basis. Not just once every 4 years.

In modern times we find this type of Democracy in only one place. The Wall street stock market.

Did some news of calamity hit the newswire the stock market participants and big capital immediately vote on Wall Street by buying or selling. They drive the prices up or down in a flash. Wall Street is the modern version of the Acropolis where they meet and rule over their vast financial empire. They control the money supply of our modern democracies. Unlike their predecessors the Athenians, they are not seekers of truth, justice or free thought. They are seekers of ever expanding wealth in the hands of the very few. Continue reading Democracy is Flourishing on Wall Street