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Ultimately, oligarchy doesn’t end well for the oligarchs either.

Robert Reich@rbreich.bsky.social

Americans are relearning the lesson we learned during the Gilded Age of the late 1890s, when robber barons ran the government and the economy for their own benefit: Oligarchy is incompatible with the common good. I'm hopeful we'll respond with a new progressive movement.

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It’s crazy to me they don’t see this themselves. Every one of these billionaires looks around at the civil infrastructure that makes them rich; functional democracy, rule of law, government funded roads and bridges, and collectively say “fuck that, I just want all the money for myself.”

I read his article accompanying this post. It's pretty good. I'd have posted it but I hit my "here's a good link" limit for the day :D