> You think people will put up with wildly accelerating inequality forever?
No. Nor do I think they should. But UBI, higher income tax at the top and a wealth tax for the ultra rich sound like a much better plan to me than to blow a bunch of things up.
Yes, and it's not too late! Plus, sama is one of the only ultra rich I've heard talk about policies that could actually help society cope with reduced aggregate labor demand.
But when I look at how the US handled previous rounds of globalization and automation, I have very sober expectations for our ability to pursue the "happy path." Still, one has to try.
Someone should tell the people assisting in the accelerating inequality that, because unfortunately our system is massively biased in their favor when it comes to enacting any of those things. Except the last, which some will, understandably, see as their only recourse.
Put simply: people _have_ been fighting for those things and the wealthy have fought tooth and nail against it. I don’t at all understand why anyone can be surprised when all other avenues are closed, people resort to violence. It’s literally how this country was founded.
The average person can make one of those things happen, and not the others. Yes, the alternative is obviously better, but once violence becomes the only course of action with reasonable chance at good results, violence is what you will get. Just watch, this is going to escalate. A lot.
Maybe Altman and the other oligarchs should donate money towards candidates who are actually pushing for higher taxes, UBI, and universal healthcare then. So far they've all been throwing most of their money and influence behind violent, hateful, assholes who repeatedly cut their taxes and start wars.
You think people will put up with wildly accelerating inequality forever?
It’s going to explode, the only question is when.