The lesson of history is that, in the long run, super-elites have two ways to survive: by suppressing dissent or by sharing their wealth. It is obvious which of these would be the better outcome for America, and the world. Let us hope the plutocrats aren’t already too isolated to recognize this.
That is Chrystia Freeland in The Atlantic, summarizing Daron Acemoglu and James Robinson's Economic Origins of Dictatorship and Democracy without realizing it. The whole article is very good.
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