

No Mercy / No Malice: Rise of the Toligarchs
158 snips May 24, 2025
Explore the widening divide between the ultra-wealthy and the rest of society, where the 0.1% live in a bubble detached from reality. Delve into how their influence is shaping democracy, often undermining it through unchecked political spending. The discussion highlights the elite's growing desire for exit strategies amid social unrest, coupled with a moral call for corporate leaders to act in the public interest. Historical parallels and contemporary efforts to close economic gaps motivate a compelling conversation about class disparity.
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Wealthy Isolation From Society
- The super-rich have isolated themselves with private services and protections from societal chaos.
- They benefit from laws they can evade while the broader public is constrained by those laws.
Wealth-Politics Self Reinforcing Cycle
- Wealth concentration fuels political spending, which shapes policies to increase that wealth further.
- This cycle deepens inequality and undermines democratic equality in America.
Impact of Citizens United Ruling
- The Citizens United ruling opened the floodgates for unlimited billionaire political spending.
- The richest families saw their wealth gap and political influence dramatically increase since 2010.