Ship of Fools: How a Selfish Ruling Class Is Bringing America to the Brink of Revolution
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Massive inequality can’t be sustained in societies where everyone can vote.
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democracies must remain egalitarian. When all the spoils seem to flow upward, the majority will revolt in protest. Voters will become vengeful and reckless. They will elect politicians like Donald Trump as a sign of displeasure. If they continue to feel ignored, they will support increasingly radical leaders, who over time will destroy the ruling class, along with everything that made it prosperous. Left untended, democracies self-destruct.
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to suspend democracy. There are justifications for this. If your voters can’t reach responsible conclusions, you can’t let them vote. You don’t give suffrage to irrational populations, for the same reason you wouldn’t give firearms to toddlers: they’re not ready for the responsibility. Nobody...
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complexity is usually the enemy of contentment.
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