That “Iron Law” Of Oligarchy Is Back To Haunt Us

by Danny Schechter

The word Oligarchy has finally come home.

For years, it was a term only used in connection with those big bad and sleazy Mafioso-type businessmen in Russia.

Russia had Oligarchs; we didn’t. That became a big difference between the official narrative of what separated our land of the free and the home of the brave from THEM, the snakes in the shades and private planes, in the post-Soviet period.