Oh, it was bad already. But what most people do not realize how far removed from the “real” world that you, me and yes-millionaires inhabit the multibillionaires are. The “out of touch” elite of the old rich and powerful did exist in the same framework we did. The megarich do not.
The difference between indirect influence and direct power might seem trivial but I am convinced it’s not just fundamentally different but also potentially catastrophic as they might as well be a different species from us for all practical purposes and to have them make decisions that directly influence our lifes but not theirs is Kafkaesque.
Oh, it was bad already. But what most people do not realize how far removed from the “real” world that you, me and yes-millionaires inhabit the multibillionaires are. The “out of touch” elite of the old rich and powerful did exist in the same framework we did. The megarich do not. The difference between indirect influence and direct power might seem trivial but I am convinced it’s not just fundamentally different but also potentially catastrophic as they might as well be a different species from us for all practical purposes and to have them make decisions that directly influence our lifes but not theirs is Kafkaesque.