banking services chronicle march 2021 pdf

 banking services chronicle march 2021 pdf

banking services chronicle march 2021 pdf  Published this article page no   Politics in all its forms is bankrupt. The notion that we can safely and successfully hand over the management of our daily lives and the setting of priorities to a political class or elite is thoroughly discredited. Politicians cannot be trusted regardless of the system in which they operate. No set of constraints checks and balances is proved to work and mitigate their unconscionable acts and the pernicious effects these have on our welfare and longevity. Ideologies  from the benign to the malign and from the divine to the pedestrian  have driven the gullible human race to the verge of annihilation and back. Participatory democracies have degenerated everywhere into venal plutocracies. Socialism and its poisoned fruits  MarxismLeninism Stalinism Maoism  have wrought misery on a scale unprecedented even by medieval standards. Only Fascism and Nazism compare with them unfavorably. The idea of the nationstate culminated in the Yugoslav succession wars. People are voting with their feet. Most elections draw to the ballot boxes and the polling stations less than half the electorate. Three models seem to be emerging as the dominant forms of future politics I. Anarchism both destructive international terrorism for example and constructive the Internet for instance. II. Participatory democracy both destructive mob rule and coups and constructive people power especially in Asia and Latin America. III. In certain countries mainly in the West a disenchanted and uninterested citizenry will relegate power and vest it in various oligrachies forfeiting its decisionmaking prerogatives altogether and permanently in return for material welfare and personal safety. banking services chronicle march 2021 pdf