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Super-rich warned of ‘pitchforks and torches’ unless they tackle inequality
(www.theguardian.com)
this post was submitted on 30 Jun 2023
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The issue with revolutions is that while they tend to get rid of old elites, they create a new class of elites out of the top revolutionaries and the cycle just starts over again. Many communist revolutions were supposed to create these theoretically "equal" societies, but they just insert in a new ruling class.
Yeah but what are the other possibilities? Let them become kings?
Theoretically, by wiping out the rich would create instability within the wealthy class, they wouldn't have the time or the means to herd the politicians to serve them or to effectively disrupt democracy.
The inheritance that kid collects would amounts to "Congratulation, you won the lottery, now what? You haven't own any corporation yet, know of anything about how to make connections with other politicians and wealthy class of people and so forth. You're pretty much on your own."
Like 70% of the time, those people wouldn't even bother with politic and would just spend the money vacationing where-ever in the world and having fun with the newfound wealth, not busy trying to disrupt democracy. People tend to be very shortsighted when they amasses huge wealth, in fact, according to some statistic, it ranges from 44% to 70% of people who gain huge amount of money end up losing it all within the next 5 years.
That amount of time would basically give the common people enough time to go about fixing the political system.