QuoteProject
The irony of the political rise of the plutocrats is that, like Venice's oligarchs, they threaten the system that created them.
Chrystia Freeland
ShareWTF𝕏

Interpretation

What this quote means

The wealthy elite may undermine the very system that allowed them to gain power.

In this quote, Chrystia Freeland highlights the paradox that the political elevation of the wealthy can lead to a destabilization of the societal structures that facilitated their success. Similar to the oligarchs of Venice, those who rise to power through capital accumulation may inadvertently jeopardize the frameworks that support their influence, raising questions about sustainability and the future of democracy.

Themes

PlutocratsPoliticsOligarchySystemPowerCorruption

In practice

Example use cases

In a political debate about campaign financing, this quote could illustrate how wealthy donors may harm democracy.

More from Chrystia Freeland

What is interesting is that, although it is framed as a war between the elites and Main Street, the Tea Party is actually really good for the elites.
Chrystia FreelandRead
All of us can agree that we want government to work as well as possible, and we should all applaud efforts to improve it. But there is no escaping the divisive and essential questions: What is the purpose of the state, and whom does it serve?
Chrystia FreelandRead
In a globalized economy, jobs no longer need a passport, but workers do.
Chrystia FreelandRead
This is the 21st-century paradox: Even as political democracy has become the intellectual default mode for much of the world, the private sector usually trumps the public one when it comes to accommodating consumer choice.
Chrystia FreelandRead
Living as we do in the age of Facebook, we shouldn't be surprised that some countries are starting to imagine themselves more as social networks than as a physical place.
Chrystia FreelandRead
One of the most important political and economic facts of this young century is that capital has been slipping the traces of the nation-state. Business is global; government is national.
Chrystia FreelandRead

Similar quotes

One of the greatest casualties of the war in Vietnam is the Great Society... shot down on the battlefield of Vietnam.
Martin Luther King, Jr.Read
Herbert Hoover once ran on the slogan, 'Two cars in every garage'. Apparently, the Republican candidate this year is running on the slogan, 'Two families in every garage'.
Harry S. TrumanRead
The people are responsible for the character of their Congress.
James A. GarfieldRead
Well, Nigeria has played a constructive role in peacekeeping in various parts of West Africa. But unless and until Nigeria itself is democratic and respects human rights, it too may well be a source of much greater instability as political repression limits the ability of the people of Nigeria to achieve their full potential.
Susan RiceRead
The best defence [for a democracy, for the public good] is aggressiveness, the aggressiveness of the involved citizen. We need to reassert that slow, time-consuming, inefficient, boring process that requires our involvement; it is called 'being a citizen.' The public good is not something that you can see. It is not static. It is a process. It is the process by which democratic civilizations build themselves.
John Ralston SaulRead
If you remove the English Army tomorrow and hoist the green flag over Dublin Castle., unless you set about the organization of the Socialist Republic your efforts will be in vain. England will still rule you. She would rule you through her capitalists, through her landlords, through her financiers, through the whole array of commercial and individualist institutions she has planted in this country and watered with the tears of our mothers and the blood of our martyrs
James ConnollyRead

A little wisdom, now and then

Subscribe for the occasional hand-picked quote. No noise.