You could buy bits of capital in the 1890s as well, and technology was advancing at a breakneck pace then too, but society still became a quasi-feudal state. S

You could buy bits of capital in the 1890s as well, and technology was advancing at a breakneck pace then too, but society still became a quasi-feudal state. Some form of wealth redistribution will be necessary to ensure people's freedom, the tricky bit is how to do it without unduly stifling innovation and investment. Lately I've really been grappling with how to accomplish this, and it is a Very Hard problem.