Yes. Which is why the question of social responsibility of the rich matters far more, because they can't help getting involved in politics. And a lot of them seem surprisingly pro-collapse, or at least pro-authoritarian. It's a common pattern in South American countries where demands for rights and equality scare the property owning class, because they might have to share a bit with the general population; this results in coups, dictators, suppression of protests etc, which results in an equally violent retaliation. You don't get Castro without Batista.

Since the general agreement that money = speech = votes, the habit of rich people buying news media to be their personal propaganda (e.g. Bezos with WaPo, the Berlusconi media empire, Murdoch etc), has also made the world a lot worse.

AI accelerates the problem, since part of the pitch is "we're going to obliterate a large amount of white collar and lower middle class work entirely, while also removing the state safety net". Not clear whether that will actually happen as promised to the shareholders, but it could be hugely disruptive.

Then there's people's more local, lived experiences with landlordism and the minor rich. A particular local example I heard recently: https://www.sheffieldtribune.co.uk/a-london-lawyer-bought-hu...

I'm more saying there's a sort of historical inevitability in the whole situation and we might benefit by taking that into consideration. And that some degree of nuance and tolerance of unfairness might play into a realistic solution.

Regarding landlordism, it's another tricky issue where yes there are bad big landlords, but the policies I've seen that put in place to tackle them tend disincentivize renting altogether and the first ones out of the market are the little guys, exasterbating the housing crisis in most cities. It seems to me an area where tolerating the bad actors is necessary to avoid crashing the whole system, to my point.

If it's true that all these .001 percent of the population are indeed self-serving sociopaths, I'll eat my hat. But I just assume things are more complex than wealth = evil.

I could say with certainty that wealth magnifies the qualities and intention of whoever controls it. And we might argue nobody should have so much power. But I don't see why tremendous wealth could not also be good or neutral, and so with the accumulation of wealth.

- Sent from my iPhone

It is evil, the vast majority of people don't become rich without exploiting other people, and just about everyone in that position then leverages their wealth to exert even more power over people and politics.

> technologies and aid originating from the wealthier nations.

We run sweatshops in poor countries, exploit their people and natural resources to death, then we send them a few crumbs of aid to paint ourselves as the good guys for the history books, how noble of us!

> Historically the only time the trend of wealth accumulation reverses is during massive crises, wars, and civilizational collapse which make life worse for everyone and nobody with any sense would wish for

Nobody wishes for this but people will reach a breaking point where they're desperate and can't take it anymore. If slaves try to resist they get beaten, would you advise them to keep their heads down and do as they're told to avoid the beatings? These are classic abuser tactics.

> based on this same flavor of folk economics

Which part of "The wealthy are getting wealthier, they're using that wealth to exert more power over us, and they're using that power to change the system to be even more favourable for them, so that they can get even richer, and even more powerful, at great cost to the rest of society" would you say is "folk economics"?

Do you have any evidence to back this up? The cutoff for being in the richest 1% globally is about $1 million. What's the evil and exploitation you attribute to the average person with $1mm, who statistically is probably a retiree who had a pretty normal job?

We run sweatshops in poor countries, exploit their people and natural resources to death, then we send them a few crumbs of aid to paint ourselves as the good guys for the history books, how noble of us!

Can you name some of those countries that we've exploited over the last twenty years? Do me a favor and also look up their GDP per capita, or whatever other measure of financial well-being you prefer, and tell me how it's changed over the past two decades. I suspect what you'll find is that they've grown way, way faster than the developed countries who are "exploiting" them.

I'm not suggesting the world doesn't have problems, or that richer countries don't take advantage of poorer countries. But this "rich = evil" drivel is cartoonishly lacking in facts.