
Public policy makers across the world need to recognize that the industrial revolution that began in England a few centuries ago was actually a political insurrection. It helped transfer power from the feudal land owning gentry to a machine owning shareholder-investor-entrepreneur class. Therefore, American political thinking in the corridors of power continue to draw inspiration from this Anglo Saxon template. Nevertheless, university textbooks make no attempts to explain this shift in political power that occurred after the great industrial revolution. Instead, university textbooks explain political philosophies that were contrived before the industrial revolution changed the entire power dynamic.
An intelligent study of history of Continental Europe will reveal that any human contrived political architecture that does not place the financial elites on top of the societal pyramid tends to become economically unstable. Eventually, economic instabilities begin to precipitate political tensions. Once economic instabilities set in, destabilizing political forces begin to gain traction. Through intelligent analysis, pragmatic public policy makers have discovered that hegemonies of the financial syndicates would be the perfect solution for all industrially advanced societies. However, it would be politically awkward to convey this idea formally on a public platform. However, a set of unwritten rules have allowed the financial syndicates to climb to the top of the food chain and exercise greater control over the political happenings within a liberal democracy. Besides, one intermediary objective of the industrial revolution was to dismantle traditional domination structures.
By 1950, industrial imperialism was a disrupting political idea whose time had finally come. Under the threat of military interventions, national assets of countries across the world were to be brought under the control of private industrial syndicates. With this type of imperialism, money power would also set out to alter the political equations within a democracy. In Neo-English run democracies, industrial syndicates would be able to sponsor candidates running for public office and finance their election campaigns. The industrial corporation was to become the most revered political entity. In modern democracies that finally begin to operate under the umbrella of industrial imperialism, real political power will be in the hands of entities that control the flow of money.
Details
- Publication Date
- Aug 5, 2023
- Language
- English
- Category
- Business & Economics
- Copyright
- All Rights Reserved - Standard Copyright License
- Contributors
- Compiled by: GCEF
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