To: ChicagahAl
What Mexico has is called Oligarchy. This is rule by a connected few, who possess both wealth and government connections. In an oligarchy, the oligarchs use their governmental power to create loads of regulations. These regulations are never enforced against the oligarchs, but prevent any outsiders from establishing any business that competes against an oligarch’s business.
8 posted on
05/03/2009 9:49:31 AM PDT by
PapaBear3625
(The problem with socialism is that you eventually run out of other people's money -- Thatcher)
To: PapaBear3625
Oligarchy is a form of rule, like monarchy, not an economic system.
Mercantilism is an economic system, like capitalism or socialism.
9 posted on
05/03/2009 9:55:12 AM PDT by
ChicagahAl
(Don't blame me. I voted for Sarah.)
To: PapaBear3625
What Mexico has is called Oligarchy. This is rule by a connected few, who possess both wealth and government connections. In an oligarchy, the oligarchs use their governmental power to create loads of regulations. These regulations are never enforced against the oligarchs, but prevent any outsiders from establishing any business that competes against an oligarch’s business. Oh, so it's kind of like what we have here.
18 posted on
05/03/2009 10:54:17 AM PDT by
seowulf
(Petraeus, cross the Rubicon.)
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