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Oligarchy's "Golden" Position

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  • Oligarchy's "Golden" Position

    OLIGARCHY'S "GOLDEN" POSITION
    HAKOB BADALYAN

    Story from Lragir.am News:
    http://www.lragir.am/engsrc/comments26978.html
    Published: 13:06:37 - 27/07/2012

    We hear on different occasions that major businessmen or oligarchs
    of Armenia are the victims of the current system and they would love
    to work in a legal atmosphere if the central government did not force
    them to operate informally.

    Such opinions are partly true. They are true because the oligarchs
    would really love to work in a legal field but they are held back by
    the circumstance that the "favorites" will keep away from that field
    and the opportunities will be unequal.

    Otherwise, the oligarchy has accumulated so many billions and
    infrastructures that the legal field is not a threat to them. The
    oligarchy is a threat to itself in the sense of partial legalization.

    The oligarchy has so much capital and infrastructures that one will
    need billions to be able to compete with them. Who will bring those
    billions to Armenia if not the oligarchy?

    Consequently, the issue is not legalization of the activities of
    the oligarchy. This is only a formal solution which will not bring
    about any change. This step will just legitimize the oligarchic
    economic-political system, the effectiveness of which will remain
    the same.

    The issue in Armenia is redistribution of positions and resources of
    the oligarchy. This redistribution is inevitable if the country is
    committed to change, establishment of an atmosphere of creativity.

    The oligarchy has in its hands a large part of resources, and this
    share cannot be used effectively for the public and the state,
    especially with the small scales of the economy of Armenia.

    To ensure the effectiveness of this share it is necessary to
    return it from the oligarchy to the small and midsize businesses
    in an anti-monopoly and anti-oligarchy policy. In other words, the
    anti-monopoly and anti-oligarchy policy should focus on the tough
    policy of decentralization of resources and then should prevent the
    creation of new monopolies and oligopolies.

    Here is the axis of the issue and this is the reason why the oligarchic
    system, despite its huge advantage, does not want to operate in law. In
    fact, the political government prohibits this which is coalesced with
    the oligarchy. Perhaps, it does not allow but with the same concern
    that interests match here and they thus find a temporary solution.

    Decentralization of resources is a vital need. The oligarchic system
    can protect its resources only in the legal field since this system
    stops being vital in terms of protection of its political and social
    interests.

    Many people may view "decentralization" as infringement of the right
    to property.

    But the larger part of the property of the oligarchy is already an
    infringement on others' right to property, consequently it is not
    infringement but protection of this right.

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