Relation of politics and governance
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Politics is the process of determining who will have power, and there is no way to separate economic power from politics. Politics is the field in which it is decided, whether by logic, law, deceit, or war, who will rule. Historically, those who have or can garner economic power ruler.
Karl Marx said: the state, which will in a moment take us to governance, is the instrument of the ruling class.
Jay Gould, 19th Century Robber Baron, said basically the same thing in a more native manner: “The country should be run by those who own it.”
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