- The true democracy, living and growing and inspiring, puts its faith in the people вІ faith that the people will not simply elect men and women who will represent their views ably and faithfully, but also elect those who will exercise their conscientious judgment вІ faith that the people will not condemn those whose devotion to principle leads them to unpopular courses, but will reward courage, respect honor and ultimately recognize right. (John F. Kennedy)
Concerning the question, "What is the proper political balance between totally democratic decision-making and elite management of policy?", the following says:
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Posted by Bill Moyers Journal on February 13, 2009 4:56 PM |
What is the proper political balance between totally democratic decision-making and elite management of policy?
Does the U.S. Congress truly represent the American people? Does the Obama administration? Explain.
For more of Simon JohnsonвІ s thoughts, visit his blog at .
The situation we find ourselves in at this moment, this week, is very strongly reminiscent of the situations we've seen many times in other places. But they're places we don't like to think of ourselves as being similar to. They're emerging markets. It's Russia or Indonesia or a Thailand type situation, or Korea... I have this feeling in my stomach that I felt in much poorer countries, countries that were headed into a really difficult economic situation, when thereвІ s a small group of people who got you into a disaster, who were still powerful, and disaster made them more powerful... DonвІ t get me wrong вІ these are fine upstanding citizens who have a certain perspective and a certain kind of interest, and they see the world a certain way... That web of interest is not my interest or your interest or the interest of the taxpayer. ItвІ s the interest, first and foremost, of the financial industry in this country.вІ
This week on the JOURNAL, Bill Moyers spoke with former chief economist and MIT professor about the Federal governmentвІ s response to the worldвІ s economic maladies. Johnson suggested that the U.S. government's policies -- including recent efforts at economic stimulus -- are designed by and for a small class of wealthy elites:
Does the U.S. Government Truly Represent the American People?
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Bill Moyers Journal: Does the U.S. Government Truly Represent the American People?
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