@korsier @freepatriot @monarchist True, but in terms of "checking", if we go with the modern aristocracy as you say in the form of business leaders, they are checked by several things....
1. They have to follow the same laws (nominally) as the rest of us.
2. The media and tax authorities.
3. Their franchise (property) has been extended to all classes. Everyone today can be a property owner, so power has been spread.
In a monarchy, historically, 1, 2 and 3 where either non-existent or
@korsier @freepatriot @monarchist severely limited.
@korsier @freepatriot @monarchist I agree. _Some_ argue, that one of the great innovations of democracy is that this struggle happens peacefully, and not through violence.
Others argue, that the largest benefactors of this are the aristocracy. Instead of being killed in a revolution, they now take a time out for 4 years, while keeping their political privileges as the opposition, and then they come back.
So power is really not really relinquished today, only put on hold.
@korsier @freepatriot @monarchist
I was commenting on the market for ideas, and that I think the concept can be a bit confusing, when compared with a real financial market.
@freepatriot thats dumb