Montesquieu avait tort. During my research, I realised that Montesquieu’s notion of separation of powers is flawed, much like the cause of the global financial meltdown of 2007-2008.
In both cases, systemic risk was the undoing. The financial crisis revealed the mistaken belief that real estate markets were independent. Diversifying portfolio risk across multiple markets proved futile when an underlying thread unravelled the entire system. Without external intervention, the market would have collapsed.
What does this have to do with Montesquieu? The foundation of many modern governments is the separation of powers. In the United States, the executive, legislative, and judicial branches are supposed to operate independently and keep each other in check. Journalism, once considered the Fourth Estate, was meant to scrutinise these bodies.
However, this system has always been prone to failure. These branches, meant to be independent, often move in tacit coordination due to similar class interests and goals. Even if initially diverse, members end up sharing the same backgrounds, attending the same universities, and working in the same professions, leading to a lack of true diversity.
This issue became glaringly evident when President Trump stacked the Supreme Court with ideologues and surrounded himself with sycophantic legislators. This shared class interest is the root of systemic failure.
Currently, Trump is out of office, and the opposition is determined to prevent his return—not because he’s from a different class, but because of a political rivalry. They’re playing the same game, called politics, and the game survives regardless. The New York Yankees are battling the Boston Red Sox.
Sadly, the Fourth Estate has failed for the same reason. Journalists who want access must play nice. Most comply, and the prominent ones amplify talking points. Those who don’t conform face harsh cancel culture. As George Carlin said, “This is a club, and you ain’t in it.”
Philosophics 