How do oligarchs exercise political power?

Oligarchy is a form of government where political power effectively rests with a small, elite segment of society (whether distinguished by wealth, family or military prowess). The word oligarchy is from the Greek words for “few” and “rule”.

Oligarchs keep their riches out of state coffers through the ‘Wealth Defense Industry.’ This is the cadre of professionals hired to lobby government and advise ways of hiding wealth, often through keeping it in tax havens.

 The Wealth Defense Industry represents an army of lawyers, accounting firms, and high paid lobbyists, to keep records.

Russia has been labeled an oligarchy because of the power of certain individuals. Other countries like Venezuela uses dictatorship to strengthen the power to a group of “rich”  who are using this to make investments outside of the country.

As today, the EU and USA will track down the Russians Oligarchs and freeze the assets as a result of the military aggression in Ucrania.

02-03-22

Windmush/Curt

Windmush

Windmush

This blog, Windmush, by Curt is about different "Time Zones" in life. The name Windmush, can be find in old Jack London books about a Husky called Mush, also called Buck. This dog reflects my childhood as I was also left by my parents to live with another family. But by the age of 15 I left to see the world by my own and ....I became Windmush !

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About Me

Curt Bergsten, born in Sweden 1948, has worked and traveled to know 52 countries around the world, now the last 25 years living in Spain and working with large Real Estates dealing as, Hotel assets, Land &Developing areas.

Curt Bergsten, is also the author of the e-book’s, The Power of Quality Thinking and Power your TimeZone.

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