[rrivers]

Article also misses the additional aspect is that being a billionaire isn't just about the digits representing your fiat energy. It gives very small groups of individuals large swaths of control in entire verticals of society. A small group of unelected kings directing the energy, housing, food supplies, distribution, town square (etc.), needs of the rest.

It's a poor way of organizing a functioning and well integrated society. One that is only maintained by the continued purchasing of political power. It's an anti-democratic system where the primary distribution of power is determined by birth lottery.

We're in an era of our species and collective intelligence where we can imagine much better ways than this, but for many with that power their primary objective is keeping it.