#BillionairesAreAPolicyFailure, and these #AmericanOligarchs are the real enemy in the insurgency that is, as we speak, dismantling American democracy.
At its most basic level, capitalism is simply a set of empirically correct observations about how the world actually works, economically. That was proven conclusively during the Cold War. But the obscene levels of wealth controlled by these individuals gives them an influence over public policy that is deeply corrosive to governance by 'We, the People.'
To be a positive ethical force, capitalism NEEDS A CONSCIENCE: needs to start all planning by asking how each decision, each choice, each action is measurably making our shared world a better one to leave behind for its children and grandchildren. Because as the late Dale Brethower used to ask, "If you can't show me how you're adding measurable value...how do you know you're not subtracting it?"
And as I added: if you're SUBTRACTING value in an ecosystem, there's a term for that: PARASITE.
That story DOESN'T END WELL FOR THE PARASITE, either. #YeetTheRich
https://www.linkedin.com/news/story/ellison-now-richer-than-zuckerberg-7504706/
