The symbiosis enters the economy
Currently, one of the great obstacles for the elaboration of effective policies is the union of political power with economic power. This fusion, known as plutocracy, can erode public interests and commit the health of democratic debate.
Examples Concrete of Plutocracy
Donald Trump’s recent choice and his association with figures like Elon Musk, formerly at the top of Twitter, perfectly illustrate the consequences of this dynamic. Social media, such as Instagram and Facebook, have shown a negative impact on mental health, especially among young people. This situation opens the door to the need to regulate online content.
The transformation of public debate
One of the great questions is: How have the sources of information evolved and how do citizens inform today? The influence of social media has led to the traditional media being reduced, and this raises the question of their ability to act as a ‘fourth power’.
The relationship between climate change and plutocracy
Another example of the repercussions of the concentration of power was manifested by the devastating fires in Los Angeles in early January. These catastrophes have not only destroyed thousands of homes, but also emphasized the urgency of the fight against climate change. Experts warn that global warming is a problem that has been accumulated over time, and that the consequences will be more and more extreme.
Obstacles to climate change mitigation
Although we know that reducing emissions is essential for the common good, progression in this regard is slow. The selfish mentality of many leaders, who believe that others will assume responsibility, hinders the implementation of effective actions.
Compensation and public policy
A possible solution to addressing the costs of climate change mitigation could be to implement compensation policies for those with less resources. However, in order for these measures to be effective, it is crucial for the citizens to trust in the public sector.
The need for a collective commitment
The dilemma presents: In a context of concentration of power, the viability of collective responses is threatened. We live in an age of accelerated plutocracy, just at a time when society needs more than ever to attend to its public interests.
