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Historical precedent (both recent and not) shows that concentrating wealth and then giving those wealthy few an inordinate amount of political power does not en
by _verandaguy 2mo ago
Historical precedent (both recent and not) shows that concentrating wealth and then giving those wealthy few an inordinate amount of political power does not end well for those disenfranchised by this system.
It is not reasonable to give the benefit of the doubt on the basis of Lutke and his ilk maybe being benevolent dictators if given largely unfettered access to the levers of power.
- bagxrvxpepzn 2mo ago[flagged]
- _verandaguy 2mo agoIt's also a false equivalence fallacy to compare people to stocks. Historical precedent is a strong predictor of human behaviour. The wealthy have been using their wealth to consolidate power for essentially as long as the concept of material wealth has existed, and the exceptions to this are far outweighed by the cases which conform to the rule.