Power is Power is Power

The Bolsheviks established a government with power sufficient to appropriate any and all property. Somehow they didn't give much though to just how a government that powerful would be kept in check. The vast majority of prominent Bolsheviks, if they lived into the 1930s, were eventually rounded up and murdered by their creation. What were they thinking? Activists have a tendency to believe that the kind of power they envision and identify with will remain "good". Desperation can breed sloppy thinking. The Russia of 1917 was a terrible place; things were in flux; now was the chance to change it ...

Fast forward to the 1990s. Russia seemed for the moment to be headed towards Democracy, but to a group of radical free marketeers who were somehow charged with transforming the economy, it seemed desperately important to get the "means of production" back into private hands. Apparently which private hands didn't seem to matter. Everything was in flux; the moment could be lost if not seized now. And so vast enterprizes came to be privately owned by ex party hacks and a few "wild west" style entrepreneurs. Newly billionaires got total control over the media, and elections were highjacked, and Russia reversed course, away from democracy and free speech. Enormous piles of money in the midst of a population that had lost all its savings, and was lucky if they received any wage at all, could buy just about anything.

Businesses big enough to buy and sell small or poor countries can rival the most misguided states when it comes to destroying freedom and democracy. Look at Russia, and look at the history of Latin America. The U.S.'s Founding Fathers set up a system of competition between branches of government to make it less likely to devolve into absolutism, but government is our only tool for disciplining the potential tyranny of wealth. When too much power is taken away from government, as with Weimar, and the Russia of the 1990s, it invites takeover by some other power, which then becomes, in effect the government. The next step after a government small enough to "drown in a bathtub" is typically not pretty. For Russia as a case in point, see Sale of the Century by Chrystia Freeland.