Private Companies as Political Entities and Foundations, the risk of Ponzi Schemes and Political Fraud
A more complex and under-examined example of Ponzi schemes can be found within private political foundations and political parties registered as private entities. Political organizations, especially in democratic societies, are often perceived as tools of collective decision-making and social change. This perception creates a fertile ground for fraudulent activities, where activists and supporters, driven by political ideology or passion for a cause, are deceived into becoming shareholders of an entity that is little more than a private company in disguise.
Reformism as Demagoguery in a Partitocracy: The Masking of Corruption and Undemocratic Authoritarianism
Reformism, when manipulated by a corrupt political system, becomes a demagogic tool used to deceive the public and maintain power. In a system best described as a partitocracy, where political parties dominate government decision-making to serve their interests rather than the populace, reformist rhetoric serves to mask the inherent criminality and authoritarian tendencies of the ruling elite. This version of reformism does not aim for meaningful change but instead reinforces undemocratic policies that benefit corruption, opacity in political lobbies backdealing, and criminal organizations to perpetuate societal instability.
