02-20-2021, 12:41 PM
(02-20-2021, 10:49 AM)David Horn Wrote: Thomas Picketty in his seminal tome Capital in the 21st Century showed how powerful this tool really is. Given adequate opportunity, the predator class can engineer gains that exceed the rate of economic growth, and maintain it over long periods. Eventually, they will own everything. That's the power of that tool. We're well on our way to that end, so taming the predator class will be a must almost immediately. Can we bear a system that allows a single individual to accumulate $75Billion in a single year? Others are in the wings, watching and waiting for their chance too. Bezos set the standard. Elon Musk is right there on his tail... and there are others, some hidden from view, who want to be in the new uber-class. It will make Feudalism seem tame and quaint by comparison.
I do see the point of risk existing with the elite money and the racist votes dominant and allied together as they were with the unraveling Republicans. With the crisis Democrats? For the moment the threat of the elites owning the government has not been shut down. It is too easy for representative wanting to be elite to give benefits to the elite. However, if it becomes the thing to win dominance by serving the people rather than cozying up to the elites, the problem which was very real in the unraveling could fall apart in a new progressive era.
If taming the elites must begin almost immediately, that makes me think of the next awakening. Right now correcting the imbalance of wealth does not seem to be on the crisis agenda. Biden’s agenda seems busy enough. If enough is done on the global warming issue that the imbalance of wealth becomes the most important issue of the awakening, if the next generation of prophets gets mad about that rather than the destruction of the planet, who knows?
With every age boundary there has been a significant change in the form of government. It makes me inclined to believe there will be one with the coming of the Information Age too. What will it be? While we have not solved the security issues yet, a network based direct democracy would not shock me. With representative government, there is the problem of the representatives wanting to become elites and over representing the elites. Direct vote could kill that. It could start with a direct vote veto and build with referendums.
I believe it is coming eventually, will bow to the belief that we are not ready for it yet, but still anticipate that it is coming.
That this nation, under God, shall have a new birth of freedom, and that government of the people, by the people, for the people shall not perish from the earth.