“The power of a small elite which possessed most of the wealth was greater than the power of the republican government elected by the people, presumably to run the country in the interests of all its citizens. This group was determined to preserve its privileged position and thus its money. …….. there had been a virtual alliance between the possessor class and the Republic, which it manipulated through its control of the press, the financing of political parties, and the handling of its vast funds to influence the fiscal policies of government. …….The Bankers and the Businessmen had learned the technique of how, in a democratic society, to thwart the will of the majority”
-William L. Shirer, writing about the troubles in France during the 1930’s, in his book: “The Collapse of the Third Republic”
Any similarity with the U.S. today?
Apr 12, 2017