The rich are also really stupid and shortsighted. The consolidation of wealth leads to populism, which leads to authoritarianism.
Have they not seen what happens when they clash with authoritarianism? They should look at Jack Ma and realize that, from a game theory perspective, if they just stand against tyrants and ease up on tax reform, they stand to preserve their power and wealth better…
China will swallow up everything. This is how useless that extremist, “fuck the peasants” ideology is. It just leads to being outcompeted heavily.
The rich are also really stupid and shortsighted. The consolidation of wealth leads to populism, which leads to authoritarianism.
Have they not seen what happens when they clash with authoritarianism? They should look at Jack Ma and realize that, from a game theory perspective, if they just stand against tyrants and ease up on tax reform, they stand to preserve their power and wealth better…