News for hackers. Stuff that matters.
Re:How Monopolists drive the power and wealth divide by moose_man on Wednesday January 17, 2024 @06:46PM (#39035298)
It's in the interests of the wealthy and powerful to do something about inequality. Revolutions don't usually end well for those in power.

Recommended reading:

End Times: Elites, Counter-Elites, and the Path of Political Disintegration

https://www.amazon.com/End-Times-Counter-Elites-Political-Di...

"Peter Turchin, one of the most interesting social scientists of our age, has infused the study of history with approaches and insights from other fields for more than a quarter century. End Times is the culmination of his work to understand what causes political communities to cohere and what causes them to fall apart, as applied to the current turmoil within the United States.

Back in 2010, when Nature magazine asked leading scientists to provide a ten-year forecast, Turchin used his models to predict that America was in a spiral of social disintegration that would lead to a breakdown in the political order circa 2020. The years since have proved his prediction more and more accurate, and End Times reveals why.

The lessons of world history are clear, Turchin argues: When the equilibrium between ruling elites and the majority tips too far in favor of elites, political instability is all but inevitable. As income inequality surges and prosperity flows disproportionately into the hands of the elites, the common people suffer, and society-wide efforts to become an elite grow ever more frenzied. He calls this process the wealth pump; it’s a world of the damned and the saved. And since the number of such positions remains relatively fixed, the overproduction of elites inevitably leads to frustrated elite aspirants, who harness popular resentment to turn against the established order. Turchin’s models show that when this state has been reached, societies become locked in a death spiral it's very hard to exit."

Re:How Monopolists drive the power and wealth divide by ptelomere on Wednesday January 17, 2024 @07:26PM (#39035694)
"It's different this time, we have machine guns, rockets, tanks, drones and AI, while Louis XVI only had guns, which was easily overcome with dirty peasant's pitchforks" - elites probably.
Re:How Monopolists drive the power and wealth divide by moose_man on Wednesday January 17, 2024 @07:42PM (#39035871)
I'm sure Louis XVI also thought that he had the proper resources to ensure his security before 1789.
Re:How Monopolists drive the power and wealth divide by dgfitz on Wednesday January 17, 2024 @07:17PM (#39035603)
I don’t expect this to be received well, but it seems ‘ol Ayn Rand may have been on to something after all, huh?
Re:How Monopolists drive the power and wealth divide by gipp on Wednesday January 17, 2024 @07:26PM (#39035698)
I'm trying to find a reading of the GP comment that is in Ayn Rand's favor, and I'm really not finding it.
Re:How Monopolists drive the power and wealth divide by snapplebobapple on Saturday January 20, 2024 @09:17PM (#39074846)
Revolutions arent typically caused by the peasants, thry are caused by surplus elites. The majority doesnt seem that relevant most of the time.