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RE: LeoThread 2025-02-01 10:54

in LeoFinance8 months ago

Part 3/9:

His work posits that while democracy—defined as rule by the many—is an ideal that most societies aspire to, it is exceedingly rare in practice. Michels discovered through rigorous examination that the reality of governance often reflects a stark contrast to the principles of democratic equality that are preached, revealing how procedural mechanisms tend to concentrate power in the hands of a few.

Oligarchy in Practice