The West under oligarchy
A powerful indictmment of Wesern "democracy" by Alex Krainer
I subscribe to Alex Krainer’s Trend Compass channel on Substack, as well as his YouTube channel. Krainer provides historical lessons which highlight persistent patterns that impact our lives today. He recently published a two part essay on the West under oligarchs which describes today’s reality, which is the prevalence of oligarchic governments in the West hiding behind a facade of democracy. You can read them on Krainer’s Substack or view his video about it on YouTube, but I’ve taken the liberty of asking Google’s NotebookLM to provide this 7 minute video overview to whet your appetite.
And today I asked NotebookLM to generate another video overview (below) of Krainer’s Part 2 which tells the modern story of the oligarch’s takeover of Russia following the collapse of the Soviet Union in the 1990s, and describes how Vladamir Putin after his election as President, managed to reestablish government control and the rule of law. Can the US and other so-called Western “democracies” learn the lessons and do likewise?
This importance of this reality cannot be overstated. Please pass it on.
Krainer seems to understand the problem (moneylending oligarchies, usury, unpayable debts) but then seems to suggest that it is a struggle between two systems of governance. He seems to propose that the solution is an authoritarian government that would simply take a firm stance with respect to the oligarchs, allowing them to still profit from their business empires, but barring them from exercising political power.
So it doesn't look like he really wants to address the underlying problems with the monetary system.