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We live in a time of dynamic, regressive, regime changes.  A period in which major political transformations and the dramatic roll back of a half century of socio-economic legislation are accelerated by a prolonged and deepening economic crises and a world-wide financier led offensive. 

This essay explores major ongoing regime changes that have a profound impact on governance, the class structures, economic institutions, political freedom and national sovereignty.  We delineate a two-stage process of political regression. 

The first stage involves the transition from a decaying democracy to an oligarchical democracy; the second stage currently unfolding in Europe involves the transition from oligarchical democracy to colonial-technocratic dictatorship.