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[–] 2 points 1 month ago (1 child)

I'm not the OP, but I think your comment underestimates the power of the government if it were actually brandished against these people. The government has far more resources than any billionaire and if its levers are pulled in the right order, it could do far more than insist upon itself.

The problem is an extended period of relative peace, wealth and success has not (yet) been conducive to those levers being pulled. But it's coming. It's inevitable, because wealth cannot help but create its own demise. We last saw it during the Great Depression, the hangover of the last Gilded Age. The robber barons of that era did precisely the same thing the modern ones are doing, and they looked similarly invincible.

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  • [–] 2 points 1 month ago

    I don’t think there’s anything inevitable in Earth history, except the Sun going red giant. Just because regular people clawed back some power against the robber barons doesn’t mean it could be done again in our time, with all the differences in technology.

    Technology is a force multiplier. Not just for military/violent force, but for speech and the control of information as well. It’s not an anomaly that people keep re-electing the same incumbents over and over again.

    The wealthy are leveraging more and more power while also undermining future generations, destroying education and social mobility. We may end up in a situation not too different from North Korea, where the millions starve and a handful live in opulence, enforced by a brutal military police state empowered by weaponry, mass surveillance, and AI.

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