|August 27, 2013
Nearly 2,400 years ago, Aristotle wrote one of the defining works of political philosophy in a book entitled Politics.
It’s still incredibly relevant today, particularly what he writes about tyranny.
The ancient Greeks used the word ‘turannos’, which referred to an illegitimate ruler who governs without regard for the law or interests of the people, often through violent and coercive means.
Aristotle attacks tyrants mercilessly in his book, and clearly spells out the criteria which make a leader tyrannical. You may recognize a few of them:
1) Artistotle suggests that a tyrant rises to power by first demonstrating that he is a man of the people:
“He ought to show himself to his subjects in the light, not of a tyrant, but of a steward and a king.”
“He should be moderate, not extravagant in his way of life; he should win the notables by companionship, and the multitude by flattery. ”
2) But once in power, a tyrant uses all available means to hold on to power, including spying on his people:
“A tyrant should also endeavor to know what each of his subjects says or does, and should employ spies . . . and . . . eavesdroppers . . . [T]he fear of informers prevents people from speaking their minds, and if they do, they are more easily found out.”
3) Furthermore, Aristotle tells us that a tyrant thrives by creating division and conflict– “to sow quarrels among the citizens; friends should be embroiled with friends, the people with the notables [the rich]. . .”
4) Controlling the economy and stealing the citizens’ wealth is also another mark of a tyrant:
“Another practice of tyrants is to multiply taxes. . . [and] impoverish his subjects; he thus provides against the maintenance of a guard by the citizen and the people, having to keep hard at work, are prevented from conspiring.”
5) And as Aristotle points out, a tyrant also attempts to disarm the people such that “his subjects shall be incapable of action” because “they will not attempt to overthrow a tyranny, if they are powerless.”
6) Naturally, a tyrant “is also fond of making war in order that his subjects may have something to do and be always in want of a leader.”
7) Aristotle also tells us that tyrants hunt down those who oppose their power:
“It is characteristic of a tyrant to dislike everyone who has dignity or independence; he wants to be alone in his glory, but anyone who claims a like dignity or asserts his independence encroaches upon his perogative, and is hated by him as an enemy to his power.”
8) Ultimately, though, Aristotle concludes that “No freeman, if he can escape from [tyranny], will endure such a government.”
He’s right. And in the past, people had to rise up in the streets to defeat tyranny.
Fortunately, there are many tactics available to freedom-oriented people today that don’t involve violent revolution.
For rational, thinking people who find themselves living in a state that is rapidly sliding into tyranny, one of the most important steps to take is reducing exposure to that government.
If you live, work, bank, invest, own property, run a business, hold your precious metals, store your digital data (email), etc. all in the same place, you are running some serious ‘sovereign risk’.
In many cases, you can move precious metals overseas, set up a foreign bank account, or create an offshore, encrypted email account with a few mouse clicks.
Take a look back at Aristotle’s points. If the majority of them look familiar, it may be time that you look around the world for alternatives.
Where is the best place to bank in the world?
This is the most common question that Sovereign Man: Confidential members have. Followed by “Where should I establish residency and move to?” The answers of course depend on each specific situation, but in this month’s issue we set ourselves a monumental task of analyzing and identifying the best set of options that would suit just about anybody.
This month’s seminal issue of SMC includes:
- A detailed analysis of respective banking systems of selected jurisdictions. We look at things like central bank capitalization, central government debt levels, commercial bank capitalization, and commercial bank liquidity.
- All this is broken down to identify which is the safest bank and the safest currency in the world, which jurisdictions are best for corporate banking, where the risk and reward ratios are favorable etc. Everything summarized for you in a user-friendly cheat sheet.
- The best residency and immigration options in the world. Find out which are the two best places to establish residency with a view of obtaining a second passport– without the need of actually moving there.
- What are the best and easiest passports to acquire if you actually want to uproot your life and move to a new place. All in a systematic overview, designed to give you a direction immediately.
- A boots on the ground account from Iceland. The country was the first victim of the financial collapse of 2008. It’s still in a very poor state, with a default and a significant restructuring inevitable.
- But it also has a lot going for it. That’s why I’m so excited about it’s potential once it’s forced to pull out all the stops and attract foreign capital. The opportunities for those prepared will be immense. It should definitely be on your radar.
- An extended set of questions, ranging from what to look for when setting up an offshore corporate bank account to the best deals for farmland in the world right now.