Articles by Johan Galtung, 4 Mar 2013

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Partyocracy-Technocracy-Autocracy-Bankocracy
Johan Galtung, 4 Mar 2013 - TRANSCEND Media Service, 4 Mar 2013

The merchants, of course demand their share, using their bank capital to buy political power, even to the bailout point should the losses exceed the gains. Bankocracy works through a close relative, corruptocracy, the rule of corruptors over corruptees paid for their services. Corruption is rampant. Why? Because corruption in the political system, converting money into decisions, has a close relative in the economic system, a commission.

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