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It is a myth that the United States of America was ever a democracy (most of the famous founder elite such as John Adams equated democracy with mob rule and wanted no part of it). The United States of America was actually created as a republic, in which Americans were supposed to have power through representatives who were supposed to actually represent the American people. The truth today, however, is that the United States is neither a democracy nor a republic. Americans are ruled by a corporatocracy: a partnership of “too-big-to-fail” corporations, the extremely wealthy elite, and corporate-collaborator government officials.

— Bruce E. Levine on Corporatocracy

What It Means

This is a placeholder explanation generated by the low-overhead model. It interprets "It is a myth that the United States of America was ever a democracy (most of the famous founder elite such as John Adams equated democracy with mob rule and wanted no part of it). The United States of America was actually created as a republic, in which Americans were supposed to have power through representatives who were supposed to actually represent the American people. The truth today, however, is that the United States is neither a democracy nor a republic. Americans are ruled by a corporatocracy: a partnership of “too-big-to-fail” corporations, the extremely wealthy elite, and corporate-collaborator government officials." in the context of "Bruce E. Levine in The Myth of U.S. Democracy and the Reality of U.S. Corporatocracy, Huffington Post, (25 May 2011)" to mean that wisdom is timeless.

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Source: Wikiquote: "Corporatocracy" (Quotes) The 'What it means' explanation text was generated by Google Gemini Flash (accessed January 18, 2026). https://gemini.google.com/app

About Bruce E. Levine

Bruce E. Levine is a clinical psychologist often at odds with the mainstream of his profession. Levine writes and speaks widely on how society, culture, politics and psychology intersect.