Wednesday, December 18, 2019

Excessive Wealth Flows to the Government - 629 Words

Excessive wealth flowing directly to the highly centralized state does allow governments to provide a variety of services, such as education and health care, without having to tax the people. These benefits, however, do come with strings attached. Little to no taxation puts the people in a poor position to demand representation from their governments. Citizens have not even developed â€Å"expectations of accountability† for their rulers, because they have not required that the people pay taxes, (Diamond, 2010. pg 98). Regimes, therefore, have their justification for autocratic rule, paid for in full by oil money. This results in an incredibly weak and un-empowered civil society. Governments are able to circumvent if not entirely ignore traditional checks on political authority simply because their economic gains have made them stronger than other social forces, (Tetreault, 2013.pg 259-60). In addition to keeping the general public on the low end of the socioeconomic scale, o il money allows regimes to build incredibly strong, impressive security states. Governments can afford various forms of surveillance, such as secret police, as well as coercion, control of the media and any other measures they deem necessary to help keep them in power. (Diamond, 2010. pg 98). These mechanisms provide them with the ability to enforce their rigid and controlling policies that prevent citizens from effectively taking steps toward democracy. Once the U.S. aligned itself with Middle EasternShow MoreRelatedEconomic Policies Influenced Or Enforced By Imf On European Countries Essay1529 Words   |  7 Pagesto combat inflation, 2) such methods will stagnate economies, 3) economies require stimulation not repression, 4) public spending has a wealth creation agenda that has been overlooked, 5) governments, influenced by IMF and America, are ignoring this fact, 6) the lessons of the Chinese economy are not being learned, 7) the importance of local government direct wealth stimulation to British economic environment. Since 2009 the British economy has been failing. Although economic recovery recently lookedRead MoreExcessive Executive Compensation Creates Extreme Unfairness Between Senior Managers And Employees1382 Words   |  6 PagesMany people argue that excessive executive compensation creates extreme unfairness between senior managers and employees. In other words, many executives are way over-paid than they should be. 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