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chaorace | 1 year ago

How does a king existing affect you if you live in a monarchy? One does not need begrudge the king his power to live in fear of it.

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IncreasePosts|1 year ago

A king in a monarchy generally has absolute power to enforce his will. A rich person living in a society of laws does not.

chaorace|1 year ago

A rich person certainly does not. Rich people as a collective class, however? You're kidding yourself if you claim that the people who make the laws and run our institutions aren't a nearly exclusive subset of the rich class.

Nevertheless, distributed power certainly is less dangerous than concentrated power, isn't it? Inequality is a metric of the overall concentration of such power in our free market society. More inequality means more power in the hands of fewer. They become more like kings each day, when does it stop?