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> states whose ruling structure is inclusive and not extractive – i.e. you can open a business without having to belong to the aristocracy. Which demonstrates
by Gormo 14y ago
> states whose ruling structure is inclusive and not extractive – i.e. you can open a business without having to belong to the aristocracy.
Which demonstrates just how much the original article gets the issue exactly backwards. It's not the "1%" of income-earners that threaten to transform our 'inclusive' society into an 'extractive' one; the threat comes from the growing regulatory state itself - which the author seems to imply is the solution rather than the problem.
The increasing politicization of every element of society - from economics to education to interpersonal relationships - is the danger; in many jurisdictions in the United States, you already need permits, zoning variances, professional licenses, etc. to initiate even the simplest economic venture. In most of the US, education is already firmly dominated by political institutions, and is increasingly rigid and uniform in structure and content. This situation will inevitably lead to the development of some kind of "extractive" elite - regardless of whether or not that elite ultimately corresponds to those the media currently label "the 1%" - if we can't find a way to reverse it.
It's this politicization of society that threatens to subjugate and exclude everyone who isn't a member of the dominant political class - it's the centralization of power, and not the distribution of wealth, that we need to be concerned about.