Everything about CEOs is like a monarchy. Wealth inheritance in business families like the Waltons? Just the capitalism version of royal heirs getting their throne. Presidents? They don't run jackshit ever since money got into politics

America is back in the era of kings, and arguably a worse one

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[–] 43 points 1 week ago (2 children)

Oligarchy

Government by a few, especially by a small faction of persons or families.

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  • [–] 10 points 1 week ago (1 child)

    Go figure, there's already a word. /s

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  • [–] 5 points 1 week ago

    I see the sarcasm, but yah definitely not a new term for those just tuning in

    Russian oligarchy refers to a political and economic system in which a small group of extremely wealthy individuals, known as oligarchs, hold significant power and influence over the government and economy of Russia. This term often describes the close ties between wealth and political authority that emerged after the collapse of the Soviet Union.

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  • [–] 30 points 1 week ago

    When we think of kings we tend to think of their late medieval/early modern European incarnation, but that was a bit of a historical anomaly—the end stage of a thousand-year-long process of the monarchy being captured by the aristocracy. But the aristocracy was the older institution of the two, and the more malignant.

    In ancient times kings were generally opposed to aristocrats, drawing on popular support to curb the natural tendency of the aristocracy to extract so much wealth from the lower classes that violent revolutions would result. (Think the Roman Republic, where wealthy senators were terrified of a popular leader becoming king and eliminating the Senate.)

    So it’s not that CEOs are becoming kings—it’s that plutocrats are subverting yet another in a long line of institutions designed to contain them.

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  • [–] 6 points 1 week ago* (1 child)

    absolutely true. King is just a label though, for the top of that particular pyramid of power. There's also emperor, caesar/kaiser, pope, CEO, ..., all atop their own pyramids scrambling to make it bigger so they, the figureheads themselves, grow more important. Such silly nonsense.

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  • [–] 14 points 6 days ago (7 children)

    The French revolution had an answer for this and it's easy to build but we'll need lots more baskets than they did.

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  • [–] 5 points 6 days ago (6 children)

    Or, and hear me out here, we attach a wood chipper right below where the basket would've been

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  • [–] 5 points 6 days ago (4 children)

    Naw, let's use another French-named device, the trebuchet. I can see it now... CHOP, LAUNCH! CHOP, LAUNCH! CHOP, LAUNCH! So satisfying.

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  • [–] 2 points 6 days ago (3 children)

    I think a trebuchet would take too long to load tbh

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  • [–] 1 point 6 days ago

    Yeah i was thinking we might be able to use them as manure to replant everything they destroyed but i can't think of anything that would grow in such low quality, toxic manure and it's not like there's that much brain matter to use for anything else.

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  • [–] 14 points 1 week ago (1 child)

    Its worse now because by design, its tricky and secretive and they can kill us actively and we can't touch them.

    I'll go back to king days when you just needed a group of buddies with some arrows and a plot.

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  • [–] 7 points 1 week ago*

    The olde money / smart ones stay under the radar, but there are not that many of them and technology is making it hard to stay anonymous.

    Sure would be a shame if a bunch of poor people with nothing to lose started looking into those facts more deeply. You know, instead of burning down their own stuff and fighting militarized local law enforcement, go to the source.

    Work smarter not harder.

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  • [–] 5 points 6 days ago

    The Business Plot coup worked, only with money instead of weapons.

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  • [–] 4 points 1 week ago (1 child)

    They detached their power from land, with corporations and stock portfolios replacing their kingdoms

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  • Great use of the royal "we."

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  • [–] 3 points 1 week ago

    It was covert before, but definitely still an oligarchy. At least since citizens united.

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  • serfdom is unrelated to monarchies.

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  • [–] 2 points 5 days ago

    Capitalism is, quite literally, the rejuvenation of feudalism.

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