The Problems Of Elite Regulation: The Problem Of Elite Regulation

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The Problem Of Elite Regulation There is a long standing problem in political theory that can be best summed by the Latin phrase “Quis custodiet ipsos custodies?” which roughly translates to “Who will guard the guards themselves?” (Juvenal 347-8). This refers to the idea of any government-like body needing a certain set of rules that dictate how the body can function, thus keeping its members’ supremacy in control. Hence, the problem of elite regulation, in its bare form, is that while a subset of authoritative figures is essential for society to function, it is their very authority that can harm the society that they govern, and thus they need to be delimited in ways that have positive, rather than negative, effects on said society. First, …show more content…

Due to their elevated position in the social order, they seldom have to pay for any wrong they cause or do. This insurance of sorts that they possess against the consequences of their actions, not only enables, but motivates them to think short term, and to put their own vested interests first. For example, consider politicians who knowingly push their countries deeper into debt for short-term gains. For these politicians, there are no consequences they face for making that decision, but it is eventually society that suffers (Magagna 10/26). One can argue that eventually, even elites would have to face the results of their bad decisions, but one often forgets that elites are shielded by their wealth or power even then, and thus suffer nominally as compared to the rest of the society. Their status, thus, grants them the power to be less accountable, which in turn allows them to make decisions that are quite detrimental for the public. These decisions might not be intentional, but the complete insurance that they possess against personal harm allows for more reckless action.
From a Confucian and East Asian perspective, the fault with any society is solely attributed to the elite, never to the general public. The belief is that the elite can engage in negative opportunism because of their status and power. They can take advantage of opportunities to exploit their people (Magagna 10/26). To understand the effects of such negative opportunists, one must consider an exemplary hierarchy as imagined by

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