• 740 days Will The ECB Continue To Hike Rates?
  • 740 days Forbes: Aramco Remains Largest Company In The Middle East
  • 742 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,142 days Could Crypto Overtake Traditional Investment?
  • 1,147 days Americans Still Quitting Jobs At Record Pace
  • 1,149 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,152 days Is The Dollar Too Strong?
  • 1,152 days Big Tech Disappoints Investors on Earnings Calls
  • 1,153 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,155 days China Is Quietly Trying To Distance Itself From Russia
  • 1,155 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,159 days Crypto Investors Won Big In 2021
  • 1,159 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,160 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,162 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,163 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,166 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,167 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,167 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,169 days Are NFTs About To Take Over Gaming?
How The Ultra-Wealthy Are Using Art To Dodge Taxes

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

Zombie Foreclosures On The Rise In The U.S.

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

  1. Home
  2. Markets
  3. Other

Bureaucratic Despotism

"A great civilization is not conquered from without, until it has destroyed itself from within. The essential causes of Rome's decline lay in her people, her morals, her class struggle, her failing trade, her bureaucratic despotism, her stifling taxes, her consuming wars."

- Will Durant, The Story Of Civilization III, Epilogue, 1944

A number of sources list this as a quote, but it is a synthesis of the Epilogue "Why Rome Fell". It is valid then as well as now. America as we know it won't collapse, but Americans have been unusually successful in dealing with "bureaucratic despotism". They will be successful again. Bankruptcy of another experiment in bureaucratic despotism will prompt a refreshing turn to reform of bullying politics.

The election was a big day for the implacable forces of big bureaucracy, main stream media and big unions. There is no change from before the election.


Hoye/Brown - originally published March 2009


Cartoon from 1934

This cartoon was published by the Chicago Tribune in 1934.
Look carefully at the plan of action in the lower left corner.
Remember the adage:
"Those who do not remember the past are doomed to repeat it."

Couldn't find it in my old Webster's dictionary so I Googled it and discovered it is a recently "coined" new word found on T-shirts on eBay:

Read this one over slowly and absorb the facts that are within this definition! I love this word and believe that it will become a recognized English word. Finally, a word to describe our current political situation...

* * * * *

"The king has erected a multitude of New Offices, and sent Swarms of Officers to harass our People and eat out their substance."

- U.S. Declaration of Independence

 

Back to homepage

Leave a comment

Leave a comment