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This is what's frightening. A person with billion dollars have enormous leverage to wield his will, beliefs, principles - whether wrong or right - on public. Th
by sytelus 8y ago
This is what's frightening. A person with billion dollars have enormous leverage to wield his will, beliefs, principles - whether wrong or right - on public. They can buy large properties on whims, put up walls, close roads, setup perma-construction zones and make them disappear from the map for all intent and purposes. They can buy up political system to put in place laws that can hurt thousands for generations, hurt environment, empty out valuable resources. Even if they are mistaken in their beliefs, they can outspend opponents in litigation driving them to bankruptcy. All the while any losses in these fights is not even noticeable to their fortunes.
I'm not against capitalism but I think there is a fundamental bug in our system that gives rise to these symptoms. Perhaps in hundred years this "bug" will get fixed and our future generations will look back on us marvelling that billionaires existed in our world just like we marvel Pharaohs existed in the previous age.