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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Maurice Winn who wrote (64725)6/8/2005 12:43:54 PM
From: maceng2  Read Replies (1) of 74559
 
Re: "I'm thinking in terms of a revolution in the good old sense, whereby we the sheeple usurp the bosses who have gained control, serving their own purposes, not ours."

In a famous 1900 Rivista article, Pareto suddenly changed direction. Heretofore a radical democrat, Pareto now decided to declare himself an anti-democrat. The disturbances of the 1890s in Italy and France led Pareto to realize that, far from restoring true democracy, meritocracy and promoting social welfare, the radical movements were really just seeking to replace one élite with another élite, the privileges and structures of power remaining intact. The struggle was not for a good society, but a squabble among élites over whom exactly was to going to govern. And the ideals and theories they claimed to fight for? Just propaganda, Pareto declared, the way upwardly-mobile folks incite the helpless, hopeless mob to take to the streets on their behalf. For Pareto, humanitarianism, liberalism, socialism, communism, fascism, whatever, were all the same in the end. All ideologies were just smokescreens foisted by "leaders" who really only aspired to enjoy the privileges and powers of the governing élite.

cepa.newschool.edu

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