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A comment on Thomas Piketty’s plan to fix the economy. Parent comment

Re:Thomas Piketty’s plan to fix the economy by mcv on Thursday May 07, 2020 @06:36AM (#23101524)
People in Washington (or elsewhere) who wield a lot of power without being rich, wield that power because it has been delegated to them. They are accountable for that power. Rich people are not, but probably should be.

The problem isn't merely the concentration of power, it's the concentration of unaccountable power. This is also why people are upset about secret courts and lack of congressional oversight over secret services: it withdraws accountability from an institute wielding power.

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Re:Thomas Piketty’s plan to fix the economy by missedthecue on Thursday May 07, 2020 @11:46AM (#23104328)
>People in Washington (or elsewhere) who wield a lot of power without being rich, wield that power because it has been delegated to them. They are accountable for that power. Rich people are not, but probably should be.

I specified the qualifier "unelected"

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Re:Thomas Piketty’s plan to fix the economy by mcv on Thursday May 07, 2020 @04:08PM (#23107642)
There are more kinds of delegated power, though.
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