Not if it gets us a Trump, twice. What has democracy done for us lately?
It appears that democracy just devolves into mindless yet profitable populism, given enough time and technology. Stupid voters are easier for ill-intentioned people to herd, using the modern tools we've built to do just that. Social media has made it possible for the first time to exploit a fatal bug in democracy that we always knew was there. AI will slam the coffin lid shut.
I don't see a way back, personally, but confiscatory taxation of everybody that you think has too much money isn't a way forward. The people being taxed will demand a return on their investment, and now they know how to get it.
The problem isn't the money, the problem is the power.
Not if it gets us a Trump, twice. What has democracy done for us lately?
It appears that democracy just devolves into mindless yet profitable populism, given enough time and technology. Stupid voters are easier for ill-intentioned people to herd, using the modern tools we've built to do just that. Social media has made it possible for the first time to exploit a fatal bug in democracy that we always knew was there. AI will slam the coffin lid shut.
I don't see a way back, personally, but confiscatory taxation of everybody that you think has too much money isn't a way forward. The people being taxed will demand a return on their investment, and now they know how to get it.
The problem isn't the money, the problem is the power.