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> Where you have power and wealth concentration, there will be a push to autocracy. Agree, though I think the why/how is interesting. In watching it play out
by ethbr1 1y ago
> Where you have power and wealth concentration, there will be a push to autocracy.
Agree, though I think the why/how is interesting.
In watching it play out in several countries: (1) wealth concentration builds resentment against a minority (wealthy/elites) by the majority (poor), (2) someone from the wealthy/elite hijacks the majority dissatisfaction by saying they'll "get" the minority, (3) democracy sweeps that someone into power, (4) turns out, anyone wealthy/elite doesn't really give a shit about egalitarianism, and enriches themselves
I mean, when Brits vote in Boris Johnson or Americans Trump, do they really expect either to compromise their own wealth for the good of the nation, when it comes to that?