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The Real Elites Vs. The Ruling Elites

The Real Elites Vs. The Ruling Elites Authored by Ryan McMaken via The Mises Institute, Always and everywhere, political institutions are controlled by elites. It doesn't matter if the regime type is democratic or monarchical. It doesn't matter if there is a written constitution or not. All political institutions - and certainly every sovereign state - are run by a group of elites who control the means of coercion.The myth of "rule by the people" is precisely that: a myth. But this leaves a big question open: who are the elites? Wilfredo...
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