But if there's an erosion at home, you know, Thomas Jefferson warned about a tyranny of an oligarchy and if we surrender our democracy to the tyranny of an oligarchy, we've made a terrible mistake. ↗
In the laws of the land, she has no rights; in government she has no voice. And in spite of another principle recognized in this Republic, namely, that 'taxation without representation is tyranny,' she is taxed without being represented. ↗
My optimism is not based primarily on the successful march of democracy in recent times but rather is based on the experience of having lived in a fear society and studied the mechanics of tyranny that sustain such a society. ↗
What I find very interesting about the mutual funds managers is that here are people who are the new masters of the universe. They're managing billions, yet they're subject to this quiet daily tyranny of numbers. ↗