#middleclass — Public Fediverse posts

‘Class traitor’ @[email protected] blows whistle on how our economic system underpinning #AI makes megawealthy wealthier while crushing rest of us. #neoliberalism #tippingpoint #inequality #EndOfOpportunity #SocialCohesion #pitchforks #MiddleClass youtu.be/qa6GjNzxjHE?...

Will AI Destroy The Middle Cla...

‘Class traitor’ @[email protected] blows whistle on how our economic system underpinning #AI makes megawealthy wealthier while crushing rest of us. #neoliberalism #tippingpoint #inequality #EndOfOpportunity #SocialCohesion #pitchforks #MiddleClass youtu.be/qa6GjNzxjHE?...

Will AI Destroy The Middle Cla...

‘Class traitor’ @[email protected] blows whistle on how our economic system underpinning #AI makes megawealthy wealthier while crushing rest of us. #neoliberalism #tippingpoint #inequality #EndOfOpportunity #SocialCohesion #pitchforks #MiddleClass youtu.be/qa6GjNzxjHE?...

Will AI Destroy The Middle Cla...

‘Class traitor’ @[email protected] blows whistle on how our economic system underpinning #AI makes megawealthy wealthier while crushing rest of us. #neoliberalism #tippingpoint #inequality #EndOfOpportunity #SocialCohesion #pitchforks #MiddleClass youtu.be/qa6GjNzxjHE?...

Will AI Destroy The Middle Cla...

‘Class traitor’ @[email protected] blows whistle on how our economic system underpinning #AI makes megawealthy wealthier while crushing rest of us. #neoliberalism #tippingpoint #inequality #EndOfOpportunity #SocialCohesion #pitchforks #MiddleClass youtu.be/qa6GjNzxjHE?...

Will AI Destroy The Middle Cla...

Do billionaires harm the middle-class?

https://quinnscommentary.net/2026/05/12/do-billionaires-harm-the-middle-class/

More #Americans are moving into the #uppermiddleclass than ever - but some still don't feel wealthy
In 2024, about 31% of Americans were part of the upper #middleclass, up from about 10% in 1979. The AEI report classified a family of three earning $133,000 to $400,000 in 2024 dollars as upper middle class.
Entrenched inflation and higher prices on major necessities have pushed many families closer to the financial edge, or locked them out of homeownership.
https://www.msn.com/en-in/news/other/more-americans-are-moving-into-the-upper-middle-class-than-ever-but-some-still-don-t-feel-wealthy/ar-AA20e3jU

The Architecture of Abandonment: What the Billionaire Bunker Tells Us About the Coming Century

There’s an old saying in the theatre that if you see a gun in the first act, it will be fired in the third act. We are seeing the same drama play out in our real lives as the Billionaire Oligarchs of the world load their Doomsday bunkers in the act one, and we, the unwashed and unknown, prepare for its firing in act three. Yes, the dramatic arc carries its own answer. Mark Zuckerberg’s Koʻolau Ranch on Kauai, valued north of three hundred million dollars, includes two mansions joined by a tunnel that leads to a 5,000-square-foot underground shelter, sealed behind a blast-resistant metal door packed with concrete, with its own living quarters, mechanical room, and escape hatch. The compound is engineered for self-sufficiency in water, energy, and food, monitored by round-the-clock security and a six-foot perimeter wall, with construction crews bound by non-disclosure agreements that have been enforced through firings. The owner of that property has called it “a little shelter,” “like a hurricane shelter, whatever,” in remarks to Bloomberg. The engineering specifications tell a different story. Blast doors and escape hatches are absent from the standard Hawaiian hurricane code. They appear on the architectural plans of people who expect to be hunted.

These are not isolated cases. Peter Thiel was granted New Zealand citizenship in June 2011 under an “exceptional circumstances” clause after spending only twelve days in the country, less than one percent of the typical 1,350-day residency requirement. In 2015 he purchased a 477-acre estate at Glendhu Bay on Lake Wānaka through a private entity called Second Star Limited, named for a reference to Peter Pan, and commissioned a hillside lodge complex from the Tokyo Olympic Stadium architect Kengo Kuma; the Queenstown-Lakes District Council rejected the proposal in 2022 on landscape-impact grounds, and an Environment Court appeal failed. Sam Altman, in his 2016 New Yorker profile, described his own preparedness inventory: guns, gold, potassium iodide, antibiotics, batteries, water, gas masks issued by the Israeli Defense Forces, and a private patch of land in Big Sur he can fly to, with Thiel’s New Zealand house as his backup plan. Larry Ellison bought ninety-eight percent of Lānaʻi in 2012 for three hundred million dollars from David Murdock, including the water utility, two Four Seasons resorts, and roughly a third of the island’s housing stock; three thousand residents now live on land overwhelmingly held by one private owner.

The most revealing evidence comes not from the architectural drawings but from a single sentence spoken in private. Douglas Rushkoff, a media-theory professor at Queens College, was paid roughly half his annual salary to fly to a desert resort in 2017 to address what he assumed would be an audience of investment bankers; he found instead five hedge fund billionaires who wanted to know which region would be more survivable, Alaska or New Zealand, whether Ray Kurzweil really was uploading his consciousness, and at last, from the CEO of a brokerage house who had nearly completed his own underground bunker system, “How do I maintain authority over my security force after the event?” That last question is the smoking gun. The man asking it has already built a bunker, stocked it, hardened it, and hired guards. He has thought past the apocalypse, past the moment when capital ceases to function as a coordination mechanism, past the question of how to retain feudal control over armed retainers in a post-monetary world. He is calm. He has accepted the loss of the system that produced his wealth, and he is calculating the second move.

The middle class is the first move. Every dollar of attention extracted by a social-media platform, each hour of labor metered by a delivery app, retirement accounts loaded with index funds that hold the same fifty companies, tax dollars flowing up the bracket through preferential treatment of capital gains: all of it funds the apparatus that will be used to leave the rest of us behind. The hedge fund manager’s bunker was built with pension money. Zuckerberg’s Hawaiian compound was paid for by the data labor of three billion people who joined Facebook because their friends were there. Thiel’s New Zealand citizenship was a sovereign gift to a man who has never been required to live in the country, granted on the theory that his presence would benefit the nation, by a government persuaded that the benefit had already been delivered through his arrival in the cabinet minister’s office.

The objections write themselves and they all collapse on inspection. The first claim is that these are rich-person hobbies, no different in kind from yachts. Yachts do not require self-sufficient food, water, and energy systems, do not depend on non-disclosure agreements covering construction crews, and remain visible by design. The defining features of the bunker are invisibility, redundancy, and operational independence from civic infrastructure. A yacht assumes the world keeps working. A bunker assumes it does not. The second claim is that these are insurance policies, not statements of intent. Insurance is purchased against losses one believes plausible. The act of buying apocalypse insurance at this scale is itself a data point about what the purchasers expect. If the men with the most access to economic, scientific, and political information are spending hundreds of millions of dollars to harden private exits, that information deserves a hearing.

The third claim is that climate adaptation is rational and the rest of us should do the same. Rational climate adaptation funds public seawalls, public power grids, public emergency services, and public housing relocation. Private adaptation at the billionaire scale withdraws resources from the common pool. The grain that feeds the cattle on Koʻolau Ranch is grain that does not feed the rest of Kauai. The water in the fifty-five-foot-diameter tank does not flow to neighbors. The fenced acreage on Lānaʻi cannot be walked across by the locals whose ancestors are buried there. The fourth claim is that the argument amounts to conspiracy thinking. Every fact assembled here comes from public records, court filings, planning applications, on-the-record interviews, and the billionaires’ own statements. The conspiracy, if there is one, is being conducted in plain view, with planning permits filed and architectural renderings published.

The fifth claim, usually muttered rather than spoken, is that the argument sounds envious. The argument tracks structures, and not personalities. How much money any individual billionaire holds matters less than whether the political order they have helped construct will survive the next thirty years for the rest of us, and the bunkers answer that question. Some of the very wealthy give large portions of their fortunes away during their lifetimes, fund public health initiatives at scale, and have signed pledges to deplete their estates in the name of philanthropy. The argument here concerns a different subset, the ones who have looked at the trajectory and concluded that the rational allocation of capital is toward private hardening rather than public repair. They are an instructive sample because their behavior reveals the working theory of capital itself, and the working theory holds that the system is not worth saving on its current terms.

Democracy assumes shared fate. The whole project of representative government rests on the premise that the people making decisions live in the same world as the people affected by them, breathe the same air, drink the same water, send their children to schools at minimum adjacent to ours. When the decision-makers build self-contained habitats with private water, private food, private energy, and private security, they sever the feedback loop that makes democracy work. Their interest in public infrastructure terminates at the gatehouse. Public health concerns them only as far as the perimeter wall. Climate stability matters to them insofar as they expect to outrun it. The middle class has historically been the buffer between the rich and the poor, absorbing economic shocks through household savings, generational housing wealth, and pension solvency, dampening political shocks through civic participation, jury duty, school board attendance, and local journalism, and providing the cultural ballast that kept the country from tipping. That buffer has thinned for forty years through wage stagnation, healthcare cost transfer, education debt, the conversion of pensions into self-managed retirement accounts, and the conversion of housing from shelter to speculative asset. The bunker is the announcement that the thinning is now sufficient and the wealthy are exiting the social contract entirely.

Consider the concrete consequences. When the next pandemic arrives, those who can ride it out behind blast doors will do so, while the rest will be sent back to work because the economy must run. The next climate event that closes a major American city will find the people with helicopters and private islands on the helicopters and private islands, while their fellow citizens take shelter or scramble onto rooftops. As for the next major financial event, those whose assets are denominated in farmland, gold, hardened compounds, and offshore citizenships will weather it, while the rest lose their houses for the third time in twenty-five years. The bunker is a hedge against the failure of the system that paid for the bunker. It is a short position on civilization, financed by the people whose civilization it is.

Rushkoff gave the hedge fund managers good advice. He told them that the most reliable way to maintain authority over their security force after the event was to treat those people well right now, and the most reliable way to prevent the event was to extend the same ethos to everyone else. They paid his fee and went back to building bunkers. The middle class faces a related choice with a much shorter clock. Either we tax the men building the bunkers at rates that prevent them from completing the bunkers, or we accept that the country will be reorganized around finished bunkers. The same choice presents itself in antitrust enforcement, financial regulation, and progressive taxation: restore them to the levels that built the post-war middle class, or accept the bifurcation into hardened compound and precariat. None of those policies are exotic. They are the conditions under which the American middle class actually existed, between roughly 1945 and 1980, when the top marginal tax rate sat above seventy percent for most of the period and the country produced its single greatest expansion of upward mobility, public infrastructure, and home ownership.

The One Percenters do not build multi-billion-dollar bunkers on private islands as a hobby. They build them because they have run the numbers and the numbers tell them that the rest of us are not going to make it. Whether they are correct about the numbers is a question we get to answer collectively, while we still can answer anything collectively at all. The good news, if there is any, sits inside the same evidence. The bunker-builders are betting that civic life will fail. The bet pays out only if the rest of us let it.

Works Cited

Hvistendahl, Mara. “Inside Mark Zuckerberg’s Top-Secret Hawaii Compound.” WIRED, December 14, 2023.

Montanez, Abigail. “Mark Zuckerberg Quietly Added Another 1,000 Acres to His $300 Million Compound in Hawaii.” Robb Report, July 22, 2025.

Lang, Cady. “Mark Zuckerberg Calls Massive Bunker in Hawaii ‘a Little Shelter.'” The Hollywood Reporter, December 21, 2024.

KHON2 News Staff. “14 Facts: Zuckerberg’s Secret +$270M Hawaiʻi Compound.” KHON2, April 4, 2025.

Nippert, Matt. “Revealed: Peter Thiel’s Path to New Zealand Citizenship.” The New Zealand Herald, January 25, 2017.

Browne, Ryan. “Peter Thiel Files Plans to Build Luxury Lodge, Private Home and Meditation Pod on New Zealand Estate.” CNBC, September 1, 2021.

Australian National Review Editorial Staff. “American Billionaire Peter Thiel Quits New Zealand After Being Handed Citizenship.” Australian National Review, February 25, 2025.

Osnos, Evan. “Doomsday Prep for the Super-Rich.” The New Yorker, January 22, 2017.

Friedman, Thomas L., reporting on Sam Altman in Olson, Parmy. Supremacy: AI, ChatGPT, and the Race That Will Change the World. St. Martin’s Press, 2024.

Rushkoff, Douglas. “Survival of the Richest.” Medium / OneZero, July 5, 2018.

Rushkoff, Douglas. Survival of the Richest: Escape Fantasies of the Tech Billionaires. W. W. Norton & Company, 2022.

Wei, Will, and Tim Loh. “Larry Ellison Wants to Turn a Hawaiian Island Into His Vision of the Future. Locals Are Fighting Him.” Bloomberg, June 9, 2022.

Eagle, Nathan. “Billionaire Larry Ellison Shuts Down Vacation Home Division on Lānaʻi.” Honolulu Civil Beat, September 25, 2025.

O’Connell, Mark. Notes from an Apocalypse: A Personal Journey to the End of the World and Back. Doubleday, 2020.

Garrett, Bradley. Bunker: Building for the End Times. Scribner, 2020.

The Architecture of Abandonment: What the Billionaire Bunker Tells Us About the Coming Century

There’s an old saying in the theatre that if you see a gun in the first act, it will be fired in the third act. We are seeing the same drama play out in our real lives as the Billionaire Oligarchs of the world load their Doomsday bunkers in the act one, and we, the unwashed and unknown, prepare for its firing in act three. Yes, the dramatic arc carries its own answer. Mark Zuckerberg’s Koʻolau Ranch on Kauai, valued north of three hundred million dollars, includes two mansions joined by a tunnel that leads to a 5,000-square-foot underground shelter, sealed behind a blast-resistant metal door packed with concrete, with its own living quarters, mechanical room, and escape hatch. The compound is engineered for self-sufficiency in water, energy, and food, monitored by round-the-clock security and a six-foot perimeter wall, with construction crews bound by non-disclosure agreements that have been enforced through firings. The owner of that property has called it “a little shelter,” “like a hurricane shelter, whatever,” in remarks to Bloomberg. The engineering specifications tell a different story. Blast doors and escape hatches are absent from the standard Hawaiian hurricane code. They appear on the architectural plans of people who expect to be hunted.

These are not isolated cases. Peter Thiel was granted New Zealand citizenship in June 2011 under an “exceptional circumstances” clause after spending only twelve days in the country, less than one percent of the typical 1,350-day residency requirement. In 2015 he purchased a 477-acre estate at Glendhu Bay on Lake Wānaka through a private entity called Second Star Limited, named for a reference to Peter Pan, and commissioned a hillside lodge complex from the Tokyo Olympic Stadium architect Kengo Kuma; the Queenstown-Lakes District Council rejected the proposal in 2022 on landscape-impact grounds, and an Environment Court appeal failed. Sam Altman, in his 2016 New Yorker profile, described his own preparedness inventory: guns, gold, potassium iodide, antibiotics, batteries, water, gas masks issued by the Israeli Defense Forces, and a private patch of land in Big Sur he can fly to, with Thiel’s New Zealand house as his backup plan. Larry Ellison bought ninety-eight percent of Lānaʻi in 2012 for three hundred million dollars from David Murdock, including the water utility, two Four Seasons resorts, and roughly a third of the island’s housing stock; three thousand residents now live on land overwhelmingly held by one private owner.

The most revealing evidence comes not from the architectural drawings but from a single sentence spoken in private. Douglas Rushkoff, a media-theory professor at Queens College, was paid roughly half his annual salary to fly to a desert resort in 2017 to address what he assumed would be an audience of investment bankers; he found instead five hedge fund billionaires who wanted to know which region would be more survivable, Alaska or New Zealand, whether Ray Kurzweil really was uploading his consciousness, and at last, from the CEO of a brokerage house who had nearly completed his own underground bunker system, “How do I maintain authority over my security force after the event?” That last question is the smoking gun. The man asking it has already built a bunker, stocked it, hardened it, and hired guards. He has thought past the apocalypse, past the moment when capital ceases to function as a coordination mechanism, past the question of how to retain feudal control over armed retainers in a post-monetary world. He is calm. He has accepted the loss of the system that produced his wealth, and he is calculating the second move.

The middle class is the first move. Every dollar of attention extracted by a social-media platform, each hour of labor metered by a delivery app, retirement accounts loaded with index funds that hold the same fifty companies, tax dollars flowing up the bracket through preferential treatment of capital gains: all of it funds the apparatus that will be used to leave the rest of us behind. The hedge fund manager’s bunker was built with pension money. Zuckerberg’s Hawaiian compound was paid for by the data labor of three billion people who joined Facebook because their friends were there. Thiel’s New Zealand citizenship was a sovereign gift to a man who has never been required to live in the country, granted on the theory that his presence would benefit the nation, by a government persuaded that the benefit had already been delivered through his arrival in the cabinet minister’s office.

The objections write themselves and they all collapse on inspection. The first claim is that these are rich-person hobbies, no different in kind from yachts. Yachts do not require self-sufficient food, water, and energy systems, do not depend on non-disclosure agreements covering construction crews, and remain visible by design. The defining features of the bunker are invisibility, redundancy, and operational independence from civic infrastructure. A yacht assumes the world keeps working. A bunker assumes it does not. The second claim is that these are insurance policies, not statements of intent. Insurance is purchased against losses one believes plausible. The act of buying apocalypse insurance at this scale is itself a data point about what the purchasers expect. If the men with the most access to economic, scientific, and political information are spending hundreds of millions of dollars to harden private exits, that information deserves a hearing.

The third claim is that climate adaptation is rational and the rest of us should do the same. Rational climate adaptation funds public seawalls, public power grids, public emergency services, and public housing relocation. Private adaptation at the billionaire scale withdraws resources from the common pool. The grain that feeds the cattle on Koʻolau Ranch is grain that does not feed the rest of Kauai. The water in the fifty-five-foot-diameter tank does not flow to neighbors. The fenced acreage on Lānaʻi cannot be walked across by the locals whose ancestors are buried there. The fourth claim is that the argument amounts to conspiracy thinking. Every fact assembled here comes from public records, court filings, planning applications, on-the-record interviews, and the billionaires’ own statements. The conspiracy, if there is one, is being conducted in plain view, with planning permits filed and architectural renderings published.

The fifth claim, usually muttered rather than spoken, is that the argument sounds envious. The argument tracks structures, and not personalities. How much money any individual billionaire holds matters less than whether the political order they have helped construct will survive the next thirty years for the rest of us, and the bunkers answer that question. Some of the very wealthy give large portions of their fortunes away during their lifetimes, fund public health initiatives at scale, and have signed pledges to deplete their estates in the name of philanthropy. The argument here concerns a different subset, the ones who have looked at the trajectory and concluded that the rational allocation of capital is toward private hardening rather than public repair. They are an instructive sample because their behavior reveals the working theory of capital itself, and the working theory holds that the system is not worth saving on its current terms.

Democracy assumes shared fate. The whole project of representative government rests on the premise that the people making decisions live in the same world as the people affected by them, breathe the same air, drink the same water, send their children to schools at minimum adjacent to ours. When the decision-makers build self-contained habitats with private water, private food, private energy, and private security, they sever the feedback loop that makes democracy work. Their interest in public infrastructure terminates at the gatehouse. Public health concerns them only as far as the perimeter wall. Climate stability matters to them insofar as they expect to outrun it. The middle class has historically been the buffer between the rich and the poor, absorbing economic shocks through household savings, generational housing wealth, and pension solvency, dampening political shocks through civic participation, jury duty, school board attendance, and local journalism, and providing the cultural ballast that kept the country from tipping. That buffer has thinned for forty years through wage stagnation, healthcare cost transfer, education debt, the conversion of pensions into self-managed retirement accounts, and the conversion of housing from shelter to speculative asset. The bunker is the announcement that the thinning is now sufficient and the wealthy are exiting the social contract entirely.

Consider the concrete consequences. When the next pandemic arrives, those who can ride it out behind blast doors will do so, while the rest will be sent back to work because the economy must run. The next climate event that closes a major American city will find the people with helicopters and private islands on the helicopters and private islands, while their fellow citizens take shelter or scramble onto rooftops. As for the next major financial event, those whose assets are denominated in farmland, gold, hardened compounds, and offshore citizenships will weather it, while the rest lose their houses for the third time in twenty-five years. The bunker is a hedge against the failure of the system that paid for the bunker. It is a short position on civilization, financed by the people whose civilization it is.

Rushkoff gave the hedge fund managers good advice. He told them that the most reliable way to maintain authority over their security force after the event was to treat those people well right now, and the most reliable way to prevent the event was to extend the same ethos to everyone else. They paid his fee and went back to building bunkers. The middle class faces a related choice with a much shorter clock. Either we tax the men building the bunkers at rates that prevent them from completing the bunkers, or we accept that the country will be reorganized around finished bunkers. The same choice presents itself in antitrust enforcement, financial regulation, and progressive taxation: restore them to the levels that built the post-war middle class, or accept the bifurcation into hardened compound and precariat. None of those policies are exotic. They are the conditions under which the American middle class actually existed, between roughly 1945 and 1980, when the top marginal tax rate sat above seventy percent for most of the period and the country produced its single greatest expansion of upward mobility, public infrastructure, and home ownership.

The One Percenters do not build multi-billion-dollar bunkers on private islands as a hobby. They build them because they have run the numbers and the numbers tell them that the rest of us are not going to make it. Whether they are correct about the numbers is a question we get to answer collectively, while we still can answer anything collectively at all. The good news, if there is any, sits inside the same evidence. The bunker-builders are betting that civic life will fail. The bet pays out only if the rest of us let it.

The Architecture of Abandonment: What the Billionaire Bunker Tells Us About the Coming Century

There’s an old saying in the theatre that if you see a gun in the first act, it will be fired in the third act. We are seeing the same drama play out in our real lives as the Billionaire Oligarchs of the world load their Doomsday bunkers in the act one, and we, the unwashed and unknown, prepare for its firing in act three. Yes, the dramatic arc carries its own answer. Mark Zuckerberg’s Koʻolau Ranch on Kauai, valued north of three hundred million dollars, includes two mansions joined by a tunnel that leads to a 5,000-square-foot underground shelter, sealed behind a blast-resistant metal door packed with concrete, with its own living quarters, mechanical room, and escape hatch. The compound is engineered for self-sufficiency in water, energy, and food, monitored by round-the-clock security and a six-foot perimeter wall, with construction crews bound by non-disclosure agreements that have been enforced through firings. The owner of that property has called it “a little shelter,” “like a hurricane shelter, whatever,” in remarks to Bloomberg. The engineering specifications tell a different story. Blast doors and escape hatches are absent from the standard Hawaiian hurricane code. They appear on the architectural plans of people who expect to be hunted.

These are not isolated cases. Peter Thiel was granted New Zealand citizenship in June 2011 under an “exceptional circumstances” clause after spending only twelve days in the country, less than one percent of the typical 1,350-day residency requirement. In 2015 he purchased a 477-acre estate at Glendhu Bay on Lake Wānaka through a private entity called Second Star Limited, named for a reference to Peter Pan, and commissioned a hillside lodge complex from the Tokyo Olympic Stadium architect Kengo Kuma; the Queenstown-Lakes District Council rejected the proposal in 2022 on landscape-impact grounds, and an Environment Court appeal failed. Sam Altman, in his 2016 New Yorker profile, described his own preparedness inventory: guns, gold, potassium iodide, antibiotics, batteries, water, gas masks issued by the Israeli Defense Forces, and a private patch of land in Big Sur he can fly to, with Thiel’s New Zealand house as his backup plan. Larry Ellison bought ninety-eight percent of Lānaʻi in 2012 for three hundred million dollars from David Murdock, including the water utility, two Four Seasons resorts, and roughly a third of the island’s housing stock; three thousand residents now live on land overwhelmingly held by one private owner.

The most revealing evidence comes not from the architectural drawings but from a single sentence spoken in private. Douglas Rushkoff, a media-theory professor at Queens College, was paid roughly half his annual salary to fly to a desert resort in 2017 to address what he assumed would be an audience of investment bankers; he found instead five hedge fund billionaires who wanted to know which region would be more survivable, Alaska or New Zealand, whether Ray Kurzweil really was uploading his consciousness, and at last, from the CEO of a brokerage house who had nearly completed his own underground bunker system, “How do I maintain authority over my security force after the event?” That last question is the smoking gun. The man asking it has already built a bunker, stocked it, hardened it, and hired guards. He has thought past the apocalypse, past the moment when capital ceases to function as a coordination mechanism, past the question of how to retain feudal control over armed retainers in a post-monetary world. He is calm. He has accepted the loss of the system that produced his wealth, and he is calculating the second move.

The middle class is the first move. Every dollar of attention extracted by a social-media platform, each hour of labor metered by a delivery app, retirement accounts loaded with index funds that hold the same fifty companies, tax dollars flowing up the bracket through preferential treatment of capital gains: all of it funds the apparatus that will be used to leave the rest of us behind. The hedge fund manager’s bunker was built with pension money. Zuckerberg’s Hawaiian compound was paid for by the data labor of three billion people who joined Facebook because their friends were there. Thiel’s New Zealand citizenship was a sovereign gift to a man who has never been required to live in the country, granted on the theory that his presence would benefit the nation, by a government persuaded that the benefit had already been delivered through his arrival in the cabinet minister’s office.

The objections write themselves and they all collapse on inspection. The first claim is that these are rich-person hobbies, no different in kind from yachts. Yachts do not require self-sufficient food, water, and energy systems, do not depend on non-disclosure agreements covering construction crews, and remain visible by design. The defining features of the bunker are invisibility, redundancy, and operational independence from civic infrastructure. A yacht assumes the world keeps working. A bunker assumes it does not. The second claim is that these are insurance policies, not statements of intent. Insurance is purchased against losses one believes plausible. The act of buying apocalypse insurance at this scale is itself a data point about what the purchasers expect. If the men with the most access to economic, scientific, and political information are spending hundreds of millions of dollars to harden private exits, that information deserves a hearing.

The third claim is that climate adaptation is rational and the rest of us should do the same. Rational climate adaptation funds public seawalls, public power grids, public emergency services, and public housing relocation. Private adaptation at the billionaire scale withdraws resources from the common pool. The grain that feeds the cattle on Koʻolau Ranch is grain that does not feed the rest of Kauai. The water in the fifty-five-foot-diameter tank does not flow to neighbors. The fenced acreage on Lānaʻi cannot be walked across by the locals whose ancestors are buried there. The fourth claim is that the argument amounts to conspiracy thinking. Every fact assembled here comes from public records, court filings, planning applications, on-the-record interviews, and the billionaires’ own statements. The conspiracy, if there is one, is being conducted in plain view, with planning permits filed and architectural renderings published.

The fifth claim, usually muttered rather than spoken, is that the argument sounds envious. The argument tracks structures, and not personalities. How much money any individual billionaire holds matters less than whether the political order they have helped construct will survive the next thirty years for the rest of us, and the bunkers answer that question. Some of the very wealthy give large portions of their fortunes away during their lifetimes, fund public health initiatives at scale, and have signed pledges to deplete their estates in the name of philanthropy. The argument here concerns a different subset, the ones who have looked at the trajectory and concluded that the rational allocation of capital is toward private hardening rather than public repair. They are an instructive sample because their behavior reveals the working theory of capital itself, and the working theory holds that the system is not worth saving on its current terms.

Democracy assumes shared fate. The whole project of representative government rests on the premise that the people making decisions live in the same world as the people affected by them, breathe the same air, drink the same water, send their children to schools at minimum adjacent to ours. When the decision-makers build self-contained habitats with private water, private food, private energy, and private security, they sever the feedback loop that makes democracy work. Their interest in public infrastructure terminates at the gatehouse. Public health concerns them only as far as the perimeter wall. Climate stability matters to them insofar as they expect to outrun it. The middle class has historically been the buffer between the rich and the poor, absorbing economic shocks through household savings, generational housing wealth, and pension solvency, dampening political shocks through civic participation, jury duty, school board attendance, and local journalism, and providing the cultural ballast that kept the country from tipping. That buffer has thinned for forty years through wage stagnation, healthcare cost transfer, education debt, the conversion of pensions into self-managed retirement accounts, and the conversion of housing from shelter to speculative asset. The bunker is the announcement that the thinning is now sufficient and the wealthy are exiting the social contract entirely.

Consider the concrete consequences. When the next pandemic arrives, those who can ride it out behind blast doors will do so, while the rest will be sent back to work because the economy must run. The next climate event that closes a major American city will find the people with helicopters and private islands on the helicopters and private islands, while their fellow citizens take shelter or scramble onto rooftops. As for the next major financial event, those whose assets are denominated in farmland, gold, hardened compounds, and offshore citizenships will weather it, while the rest lose their houses for the third time in twenty-five years. The bunker is a hedge against the failure of the system that paid for the bunker. It is a short position on civilization, financed by the people whose civilization it is.

Rushkoff gave the hedge fund managers good advice. He told them that the most reliable way to maintain authority over their security force after the event was to treat those people well right now, and the most reliable way to prevent the event was to extend the same ethos to everyone else. They paid his fee and went back to building bunkers. The middle class faces a related choice with a much shorter clock. Either we tax the men building the bunkers at rates that prevent them from completing the bunkers, or we accept that the country will be reorganized around finished bunkers. The same choice presents itself in antitrust enforcement, financial regulation, and progressive taxation: restore them to the levels that built the post-war middle class, or accept the bifurcation into hardened compound and precariat. None of those policies are exotic. They are the conditions under which the American middle class actually existed, between roughly 1945 and 1980, when the top marginal tax rate sat above seventy percent for most of the period and the country produced its single greatest expansion of upward mobility, public infrastructure, and home ownership.

The One Percenters do not build multi-billion-dollar bunkers on private islands as a hobby. They build them because they have run the numbers and the numbers tell them that the rest of us are not going to make it. Whether they are correct about the numbers is a question we get to answer collectively, while we still can answer anything collectively at all. The good news, if there is any, sits inside the same evidence. The bunker-builders are betting that civic life will fail. The bet pays out only if the rest of us let it.

Works Cited

Hvistendahl, Mara. “Inside Mark Zuckerberg’s Top-Secret Hawaii Compound.” WIRED, December 14, 2023.

Montanez, Abigail. “Mark Zuckerberg Quietly Added Another 1,000 Acres to His $300 Million Compound in Hawaii.” Robb Report, July 22, 2025.

Lang, Cady. “Mark Zuckerberg Calls Massive Bunker in Hawaii ‘a Little Shelter.'” The Hollywood Reporter, December 21, 2024.

KHON2 News Staff. “14 Facts: Zuckerberg’s Secret +$270M Hawaiʻi Compound.” KHON2, April 4, 2025.

Nippert, Matt. “Revealed: Peter Thiel’s Path to New Zealand Citizenship.” The New Zealand Herald, January 25, 2017.

Browne, Ryan. “Peter Thiel Files Plans to Build Luxury Lodge, Private Home and Meditation Pod on New Zealand Estate.” CNBC, September 1, 2021.

Australian National Review Editorial Staff. “American Billionaire Peter Thiel Quits New Zealand After Being Handed Citizenship.” Australian National Review, February 25, 2025.

Osnos, Evan. “Doomsday Prep for the Super-Rich.” The New Yorker, January 22, 2017.

Friedman, Thomas L., reporting on Sam Altman in Olson, Parmy. Supremacy: AI, ChatGPT, and the Race That Will Change the World. St. Martin’s Press, 2024.

Rushkoff, Douglas. “Survival of the Richest.” Medium / OneZero, July 5, 2018.

Rushkoff, Douglas. Survival of the Richest: Escape Fantasies of the Tech Billionaires. W. W. Norton & Company, 2022.

Wei, Will, and Tim Loh. “Larry Ellison Wants to Turn a Hawaiian Island Into His Vision of the Future. Locals Are Fighting Him.” Bloomberg, June 9, 2022.

Eagle, Nathan. “Billionaire Larry Ellison Shuts Down Vacation Home Division on Lānaʻi.” Honolulu Civil Beat, September 25, 2025.

O’Connell, Mark. Notes from an Apocalypse: A Personal Journey to the End of the World and Back. Doubleday, 2020.

Garrett, Bradley. Bunker: Building for the End Times. Scribner, 2020.

The Architecture of Abandonment: What the Billionaire Bunker Tells Us About the Coming Century

There’s an old saying in the theatre that if you see a gun in the first act, it will be fired in the third act. We are seeing the same drama play out in our real lives as the Billionaire Oligarchs of the world load their Doomsday bunkers in the act one, and we, the unwashed and unknown, prepare for its firing in act three. Yes, the dramatic arc carries its own answer. Mark Zuckerberg’s Koʻolau Ranch on Kauai, valued north of three hundred million dollars, includes two mansions joined by a tunnel that leads to a 5,000-square-foot underground shelter, sealed behind a blast-resistant metal door packed with concrete, with its own living quarters, mechanical room, and escape hatch. The compound is engineered for self-sufficiency in water, energy, and food, monitored by round-the-clock security and a six-foot perimeter wall, with construction crews bound by non-disclosure agreements that have been enforced through firings. The owner of that property has called it “a little shelter,” “like a hurricane shelter, whatever,” in remarks to Bloomberg. The engineering specifications tell a different story. Blast doors and escape hatches are absent from the standard Hawaiian hurricane code. They appear on the architectural plans of people who expect to be hunted.

These are not isolated cases. Peter Thiel was granted New Zealand citizenship in June 2011 under an “exceptional circumstances” clause after spending only twelve days in the country, less than one percent of the typical 1,350-day residency requirement. In 2015 he purchased a 477-acre estate at Glendhu Bay on Lake Wānaka through a private entity called Second Star Limited, named for a reference to Peter Pan, and commissioned a hillside lodge complex from the Tokyo Olympic Stadium architect Kengo Kuma; the Queenstown-Lakes District Council rejected the proposal in 2022 on landscape-impact grounds, and an Environment Court appeal failed. Sam Altman, in his 2016 New Yorker profile, described his own preparedness inventory: guns, gold, potassium iodide, antibiotics, batteries, water, gas masks issued by the Israeli Defense Forces, and a private patch of land in Big Sur he can fly to, with Thiel’s New Zealand house as his backup plan. Larry Ellison bought ninety-eight percent of Lānaʻi in 2012 for three hundred million dollars from David Murdock, including the water utility, two Four Seasons resorts, and roughly a third of the island’s housing stock; three thousand residents now live on land overwhelmingly held by one private owner.

The most revealing evidence comes not from the architectural drawings but from a single sentence spoken in private. Douglas Rushkoff, a media-theory professor at Queens College, was paid roughly half his annual salary to fly to a desert resort in 2017 to address what he assumed would be an audience of investment bankers; he found instead five hedge fund billionaires who wanted to know which region would be more survivable, Alaska or New Zealand, whether Ray Kurzweil really was uploading his consciousness, and at last, from the CEO of a brokerage house who had nearly completed his own underground bunker system, “How do I maintain authority over my security force after the event?” That last question is the smoking gun. The man asking it has already built a bunker, stocked it, hardened it, and hired guards. He has thought past the apocalypse, past the moment when capital ceases to function as a coordination mechanism, past the question of how to retain feudal control over armed retainers in a post-monetary world. He is calm. He has accepted the loss of the system that produced his wealth, and he is calculating the second move.

The middle class is the first move. Every dollar of attention extracted by a social-media platform, each hour of labor metered by a delivery app, retirement accounts loaded with index funds that hold the same fifty companies, tax dollars flowing up the bracket through preferential treatment of capital gains: all of it funds the apparatus that will be used to leave the rest of us behind. The hedge fund manager’s bunker was built with pension money. Zuckerberg’s Hawaiian compound was paid for by the data labor of three billion people who joined Facebook because their friends were there. Thiel’s New Zealand citizenship was a sovereign gift to a man who has never been required to live in the country, granted on the theory that his presence would benefit the nation, by a government persuaded that the benefit had already been delivered through his arrival in the cabinet minister’s office.

The objections write themselves and they all collapse on inspection. The first claim is that these are rich-person hobbies, no different in kind from yachts. Yachts do not require self-sufficient food, water, and energy systems, do not depend on non-disclosure agreements covering construction crews, and remain visible by design. The defining features of the bunker are invisibility, redundancy, and operational independence from civic infrastructure. A yacht assumes the world keeps working. A bunker assumes it does not. The second claim is that these are insurance policies, not statements of intent. Insurance is purchased against losses one believes plausible. The act of buying apocalypse insurance at this scale is itself a data point about what the purchasers expect. If the men with the most access to economic, scientific, and political information are spending hundreds of millions of dollars to harden private exits, that information deserves a hearing.

The third claim is that climate adaptation is rational and the rest of us should do the same. Rational climate adaptation funds public seawalls, public power grids, public emergency services, and public housing relocation. Private adaptation at the billionaire scale withdraws resources from the common pool. The grain that feeds the cattle on Koʻolau Ranch is grain that does not feed the rest of Kauai. The water in the fifty-five-foot-diameter tank does not flow to neighbors. The fenced acreage on Lānaʻi cannot be walked across by the locals whose ancestors are buried there. The fourth claim is that the argument amounts to conspiracy thinking. Every fact assembled here comes from public records, court filings, planning applications, on-the-record interviews, and the billionaires’ own statements. The conspiracy, if there is one, is being conducted in plain view, with planning permits filed and architectural renderings published.

The fifth claim, usually muttered rather than spoken, is that the argument sounds envious. The argument tracks structures, and not personalities. How much money any individual billionaire holds matters less than whether the political order they have helped construct will survive the next thirty years for the rest of us, and the bunkers answer that question. Some of the very wealthy give large portions of their fortunes away during their lifetimes, fund public health initiatives at scale, and have signed pledges to deplete their estates in the name of philanthropy. The argument here concerns a different subset, the ones who have looked at the trajectory and concluded that the rational allocation of capital is toward private hardening rather than public repair. They are an instructive sample because their behavior reveals the working theory of capital itself, and the working theory holds that the system is not worth saving on its current terms.

Democracy assumes shared fate. The whole project of representative government rests on the premise that the people making decisions live in the same world as the people affected by them, breathe the same air, drink the same water, send their children to schools at minimum adjacent to ours. When the decision-makers build self-contained habitats with private water, private food, private energy, and private security, they sever the feedback loop that makes democracy work. Their interest in public infrastructure terminates at the gatehouse. Public health concerns them only as far as the perimeter wall. Climate stability matters to them insofar as they expect to outrun it. The middle class has historically been the buffer between the rich and the poor, absorbing economic shocks through household savings, generational housing wealth, and pension solvency, dampening political shocks through civic participation, jury duty, school board attendance, and local journalism, and providing the cultural ballast that kept the country from tipping. That buffer has thinned for forty years through wage stagnation, healthcare cost transfer, education debt, the conversion of pensions into self-managed retirement accounts, and the conversion of housing from shelter to speculative asset. The bunker is the announcement that the thinning is now sufficient and the wealthy are exiting the social contract entirely.

Consider the concrete consequences. When the next pandemic arrives, those who can ride it out behind blast doors will do so, while the rest will be sent back to work because the economy must run. The next climate event that closes a major American city will find the people with helicopters and private islands on the helicopters and private islands, while their fellow citizens take shelter or scramble onto rooftops. As for the next major financial event, those whose assets are denominated in farmland, gold, hardened compounds, and offshore citizenships will weather it, while the rest lose their houses for the third time in twenty-five years. The bunker is a hedge against the failure of the system that paid for the bunker. It is a short position on civilization, financed by the people whose civilization it is.

Rushkoff gave the hedge fund managers good advice. He told them that the most reliable way to maintain authority over their security force after the event was to treat those people well right now, and the most reliable way to prevent the event was to extend the same ethos to everyone else. They paid his fee and went back to building bunkers. The middle class faces a related choice with a much shorter clock. Either we tax the men building the bunkers at rates that prevent them from completing the bunkers, or we accept that the country will be reorganized around finished bunkers. The same choice presents itself in antitrust enforcement, financial regulation, and progressive taxation: restore them to the levels that built the post-war middle class, or accept the bifurcation into hardened compound and precariat. None of those policies are exotic. They are the conditions under which the American middle class actually existed, between roughly 1945 and 1980, when the top marginal tax rate sat above seventy percent for most of the period and the country produced its single greatest expansion of upward mobility, public infrastructure, and home ownership.

The One Percenters do not build multi-billion-dollar bunkers on private islands as a hobby. They build them because they have run the numbers and the numbers tell them that the rest of us are not going to make it. Whether they are correct about the numbers is a question we get to answer collectively, while we still can answer anything collectively at all. The good news, if there is any, sits inside the same evidence. The bunker-builders are betting that civic life will fail. The bet pays out only if the rest of us let it.

Works Cited

Hvistendahl, Mara. “Inside Mark Zuckerberg’s Top-Secret Hawaii Compound.” WIRED, December 14, 2023.

Montanez, Abigail. “Mark Zuckerberg Quietly Added Another 1,000 Acres to His $300 Million Compound in Hawaii.” Robb Report, July 22, 2025.

Lang, Cady. “Mark Zuckerberg Calls Massive Bunker in Hawaii ‘a Little Shelter.'” The Hollywood Reporter, December 21, 2024.

KHON2 News Staff. “14 Facts: Zuckerberg’s Secret +$270M Hawaiʻi Compound.” KHON2, April 4, 2025.

Nippert, Matt. “Revealed: Peter Thiel’s Path to New Zealand Citizenship.” The New Zealand Herald, January 25, 2017.

Browne, Ryan. “Peter Thiel Files Plans to Build Luxury Lodge, Private Home and Meditation Pod on New Zealand Estate.” CNBC, September 1, 2021.

Australian National Review Editorial Staff. “American Billionaire Peter Thiel Quits New Zealand After Being Handed Citizenship.” Australian National Review, February 25, 2025.

Osnos, Evan. “Doomsday Prep for the Super-Rich.” The New Yorker, January 22, 2017.

Friedman, Thomas L., reporting on Sam Altman in Olson, Parmy. Supremacy: AI, ChatGPT, and the Race That Will Change the World. St. Martin’s Press, 2024.

Rushkoff, Douglas. “Survival of the Richest.” Medium / OneZero, July 5, 2018.

Rushkoff, Douglas. Survival of the Richest: Escape Fantasies of the Tech Billionaires. W. W. Norton & Company, 2022.

Wei, Will, and Tim Loh. “Larry Ellison Wants to Turn a Hawaiian Island Into His Vision of the Future. Locals Are Fighting Him.” Bloomberg, June 9, 2022.

Eagle, Nathan. “Billionaire Larry Ellison Shuts Down Vacation Home Division on Lānaʻi.” Honolulu Civil Beat, September 25, 2025.

O’Connell, Mark. Notes from an Apocalypse: A Personal Journey to the End of the World and Back. Doubleday, 2020.

Garrett, Bradley. Bunker: Building for the End Times. Scribner, 2020.

The Architecture of Abandonment: What the Billionaire Bunker Tells Us About the Coming Century

There’s an old saying in the theatre that if you see a gun in the first act, it will be fired in the third act. We are seeing the same drama play out in our real lives as the Billionaire Oligarchs of the world load their Doomsday bunkers in the act one, and we, the unwashed and unknown, prepare for its firing in act three. Yes, the dramatic arc carries its own answer. Mark Zuckerberg’s Koʻolau Ranch on Kauai, valued north of three hundred million dollars, includes two mansions joined by a tunnel that leads to a 5,000-square-foot underground shelter, sealed behind a blast-resistant metal door packed with concrete, with its own living quarters, mechanical room, and escape hatch. The compound is engineered for self-sufficiency in water, energy, and food, monitored by round-the-clock security and a six-foot perimeter wall, with construction crews bound by non-disclosure agreements that have been enforced through firings. The owner of that property has called it “a little shelter,” “like a hurricane shelter, whatever,” in remarks to Bloomberg. The engineering specifications tell a different story. Blast doors and escape hatches are absent from the standard Hawaiian hurricane code. They appear on the architectural plans of people who expect to be hunted.

These are not isolated cases. Peter Thiel was granted New Zealand citizenship in June 2011 under an “exceptional circumstances” clause after spending only twelve days in the country, less than one percent of the typical 1,350-day residency requirement. In 2015 he purchased a 477-acre estate at Glendhu Bay on Lake Wānaka through a private entity called Second Star Limited, named for a reference to Peter Pan, and commissioned a hillside lodge complex from the Tokyo Olympic Stadium architect Kengo Kuma; the Queenstown-Lakes District Council rejected the proposal in 2022 on landscape-impact grounds, and an Environment Court appeal failed. Sam Altman, in his 2016 New Yorker profile, described his own preparedness inventory: guns, gold, potassium iodide, antibiotics, batteries, water, gas masks issued by the Israeli Defense Forces, and a private patch of land in Big Sur he can fly to, with Thiel’s New Zealand house as his backup plan. Larry Ellison bought ninety-eight percent of Lānaʻi in 2012 for three hundred million dollars from David Murdock, including the water utility, two Four Seasons resorts, and roughly a third of the island’s housing stock; three thousand residents now live on land overwhelmingly held by one private owner.

The most revealing evidence comes not from the architectural drawings but from a single sentence spoken in private. Douglas Rushkoff, a media-theory professor at Queens College, was paid roughly half his annual salary to fly to a desert resort in 2017 to address what he assumed would be an audience of investment bankers; he found instead five hedge fund billionaires who wanted to know which region would be more survivable, Alaska or New Zealand, whether Ray Kurzweil really was uploading his consciousness, and at last, from the CEO of a brokerage house who had nearly completed his own underground bunker system, “How do I maintain authority over my security force after the event?” That last question is the smoking gun. The man asking it has already built a bunker, stocked it, hardened it, and hired guards. He has thought past the apocalypse, past the moment when capital ceases to function as a coordination mechanism, past the question of how to retain feudal control over armed retainers in a post-monetary world. He is calm. He has accepted the loss of the system that produced his wealth, and he is calculating the second move.

The middle class is the first move. Every dollar of attention extracted by a social-media platform, each hour of labor metered by a delivery app, retirement accounts loaded with index funds that hold the same fifty companies, tax dollars flowing up the bracket through preferential treatment of capital gains: all of it funds the apparatus that will be used to leave the rest of us behind. The hedge fund manager’s bunker was built with pension money. Zuckerberg’s Hawaiian compound was paid for by the data labor of three billion people who joined Facebook because their friends were there. Thiel’s New Zealand citizenship was a sovereign gift to a man who has never been required to live in the country, granted on the theory that his presence would benefit the nation, by a government persuaded that the benefit had already been delivered through his arrival in the cabinet minister’s office.

The objections write themselves and they all collapse on inspection. The first claim is that these are rich-person hobbies, no different in kind from yachts. Yachts do not require self-sufficient food, water, and energy systems, do not depend on non-disclosure agreements covering construction crews, and remain visible by design. The defining features of the bunker are invisibility, redundancy, and operational independence from civic infrastructure. A yacht assumes the world keeps working. A bunker assumes it does not. The second claim is that these are insurance policies, not statements of intent. Insurance is purchased against losses one believes plausible. The act of buying apocalypse insurance at this scale is itself a data point about what the purchasers expect. If the men with the most access to economic, scientific, and political information are spending hundreds of millions of dollars to harden private exits, that information deserves a hearing.

The third claim is that climate adaptation is rational and the rest of us should do the same. Rational climate adaptation funds public seawalls, public power grids, public emergency services, and public housing relocation. Private adaptation at the billionaire scale withdraws resources from the common pool. The grain that feeds the cattle on Koʻolau Ranch is grain that does not feed the rest of Kauai. The water in the fifty-five-foot-diameter tank does not flow to neighbors. The fenced acreage on Lānaʻi cannot be walked across by the locals whose ancestors are buried there. The fourth claim is that the argument amounts to conspiracy thinking. Every fact assembled here comes from public records, court filings, planning applications, on-the-record interviews, and the billionaires’ own statements. The conspiracy, if there is one, is being conducted in plain view, with planning permits filed and architectural renderings published.

The fifth claim, usually muttered rather than spoken, is that the argument sounds envious. The argument tracks structures, and not personalities. How much money any individual billionaire holds matters less than whether the political order they have helped construct will survive the next thirty years for the rest of us, and the bunkers answer that question. Some of the very wealthy give large portions of their fortunes away during their lifetimes, fund public health initiatives at scale, and have signed pledges to deplete their estates in the name of philanthropy. The argument here concerns a different subset, the ones who have looked at the trajectory and concluded that the rational allocation of capital is toward private hardening rather than public repair. They are an instructive sample because their behavior reveals the working theory of capital itself, and the working theory holds that the system is not worth saving on its current terms.

Democracy assumes shared fate. The whole project of representative government rests on the premise that the people making decisions live in the same world as the people affected by them, breathe the same air, drink the same water, send their children to schools at minimum adjacent to ours. When the decision-makers build self-contained habitats with private water, private food, private energy, and private security, they sever the feedback loop that makes democracy work. Their interest in public infrastructure terminates at the gatehouse. Public health concerns them only as far as the perimeter wall. Climate stability matters to them insofar as they expect to outrun it. The middle class has historically been the buffer between the rich and the poor, absorbing economic shocks through household savings, generational housing wealth, and pension solvency, dampening political shocks through civic participation, jury duty, school board attendance, and local journalism, and providing the cultural ballast that kept the country from tipping. That buffer has thinned for forty years through wage stagnation, healthcare cost transfer, education debt, the conversion of pensions into self-managed retirement accounts, and the conversion of housing from shelter to speculative asset. The bunker is the announcement that the thinning is now sufficient and the wealthy are exiting the social contract entirely.

Consider the concrete consequences. When the next pandemic arrives, those who can ride it out behind blast doors will do so, while the rest will be sent back to work because the economy must run. The next climate event that closes a major American city will find the people with helicopters and private islands on the helicopters and private islands, while their fellow citizens take shelter or scramble onto rooftops. As for the next major financial event, those whose assets are denominated in farmland, gold, hardened compounds, and offshore citizenships will weather it, while the rest lose their houses for the third time in twenty-five years. The bunker is a hedge against the failure of the system that paid for the bunker. It is a short position on civilization, financed by the people whose civilization it is.

Rushkoff gave the hedge fund managers good advice. He told them that the most reliable way to maintain authority over their security force after the event was to treat those people well right now, and the most reliable way to prevent the event was to extend the same ethos to everyone else. They paid his fee and went back to building bunkers. The middle class faces a related choice with a much shorter clock. Either we tax the men building the bunkers at rates that prevent them from completing the bunkers, or we accept that the country will be reorganized around finished bunkers. The same choice presents itself in antitrust enforcement, financial regulation, and progressive taxation: restore them to the levels that built the post-war middle class, or accept the bifurcation into hardened compound and precariat. None of those policies are exotic. They are the conditions under which the American middle class actually existed, between roughly 1945 and 1980, when the top marginal tax rate sat above seventy percent for most of the period and the country produced its single greatest expansion of upward mobility, public infrastructure, and home ownership.

The One Percenters do not build multi-billion-dollar bunkers on private islands as a hobby. They build them because they have run the numbers and the numbers tell them that the rest of us are not going to make it. Whether they are correct about the numbers is a question we get to answer collectively, while we still can answer anything collectively at all. The good news, if there is any, sits inside the same evidence. The bunker-builders are betting that civic life will fail. The bet pays out only if the rest of us let it.

Middle Class vs. Upper Class

Retirement spending typically looks different depending on how much income you have. While some are focused on being…
#NewsBeep #News #Personalfinance #BLS #Business #CA #Canada #Finance #incomebracket #middleclass #PersonalFinance #retirementincome #SocialSecurityAdministration #upper-class
https://www.newsbeep.com/ca/639222/

The Capitalism Myth Exposed: Workers Build America, Billionaires Take the Credit

Workers built America, but billionaires took the credit. A sharp breakdown of capitalism’s biggest myths.

Yee haw.

https://piefed.social/c/political_memes/p/2012178/yee-haw

Yee haw.

Yee haw.

Yee haw.

https://piefed.social/c/political_memes/p/2012178/yee-haw

Yee haw.

https://piefed.social/c/political_memes/p/2012178/yee-haw

yes the deliberate #destruction and #exploitation of the #middleclass with not enough #lobbyism by (mostly the #finance #financial #lobby ) in #washington and #berlin is beyond scandalous
just look at effective tax rate of #multinationals like #amazon and the #smu small business and you have the first problem that no one adressed in 30 years #taxjustice #taxinjustice

yes the deliberate #destruction and #exploitation of the #middleclass with not enough #lobbyism by (mostly the #finance #financial #lobby ) in #washington and #berlin is beyond scandalous
just look at effective tax rate of #multinationals like #amazon and the #smu small business and you have the first problem that no one adressed in 30 years #taxjustice #taxinjustice

yes the deliberate #destruction and #exploitation of the #middleclass with not enough #lobbyism by (mostly the #finance #financial #lobby ) in #washington and #berlin is beyond scandalous
just look at effective tax rate of #multinationals like #amazon and the #smu small business and you have the first problem that no one adressed in 30 years #taxjustice #taxinjustice

#deutschland #germany #alemania #wirtschaft #economy #taxinjustice #taxjustice 47% #tax on #workers is #unsustainable #capital only 1% #finance #mafia how #mckinsey + #corrupt #politicians destroyed #middleclass and thus the #economy #economist #marlenezscherper

“Over the past three-and-a-half decades, #India's #SoftwareIndustry has created millions of #WhiteCollar jobs, spawning a new #MiddleClass driven by high ambition and strong purchasing power. This, in turn, has fuelled demand for apartments, cars and restaurants across top-tier cities such as #Bengaluru, #Hyderabad and #Gurugram over the past 30 years.

The #NiftyITIndex of 10 of the country's biggest software companies is down some 20% this year, wiping out tens of billions of dollars in investor money.
The #SellOff began early in February after #Anthropic's #Claude agent released a new tool that it claimed could automate key legal, compliance and data processes, hitting at the heart of the #LabourHeavy industry's #BusinessModel.”

#AI / #ArtificialIntelligence / #software / #engineering <https://bbc.com/news/articles/c5yrq1090p8o>

Capitalism has a Math Problem: How Wealth Growth Devours the Middle Class

Anand Giridharadas reveals how the “Epstein class” protected power and privilege across parties while victims waited for justice.

Capitalism has a Math Problem: How Wealth Growth Devours the Middle Class

Anand Giridharadas reveals how the “Epstein class” protected power and privilege across parties while victims waited for justice.

The print copes of Defund Culture: A Radical Proposal arrived today:

https://www.mediastudies.press/defund-culture-a-radical-proposal

The #book is published by mediastudies.press, and is available #openaccess under the CC4r (Collective Conditions for Re-Use commitment), so you don’t need to pay to download and read a copy.

It's also feels particularly timely in light of recent discussions around #class and #representation including the Class Ceiling report that came out the other week:

https://www.riseassociates.co.uk/downloads/ClassCeiling-Digital.pdf

And the #BBC review by Anne Morrison and Chris Banatvala, which highlight how it remains London-centric and skewed towards #middleclass

https://www.bbc.co.uk/aboutthebbc/documents/thematic-review-of-portrayal-and-representation.pdf

#culturewar #classwar #ClassCeiling #DefundCulture
#ArtsAndCulture #WorkingClass
#media #london #universities
#he #academic #academia

This is an absolutely must-listen interview with economist Prof. Michele Dickerson about affordability and the stress being felt by the middle class. She doesn’t just identify problems but gives real solutions to (political, social, economic) barriers to the middle class achieving realistic adulthood milestones.

#podcast #affordability #economics #middleclass #TheFinancialTimes #TheEconomicsShow

https://podcasts.apple.com/us/podcast/the-economics-show/id1746352576?i=1000744394960

This is an absolutely must-listen interview with economist Prof. Michele Dickerson about affordability and the stress being felt by the middle class. She doesn’t just identify problems but gives real solutions to (political, social, economic) barriers to the middle class achieving realistic adulthood milestones.

#podcast #affordability #economics #middleclass #TheFinancialTimes #TheEconomicsShow

https://podcasts.apple.com/us/podcast/the-economics-show/id1746352576?i=1000744394960

This is an absolutely must-listen interview with economist Prof. Michele Dickerson about affordability and the stress being felt by the middle class. She doesn’t just identify problems but gives real solutions to (political, social, economic) barriers to the middle class achieving realistic adulthood milestones.

#podcast #affordability #economics #middleclass #TheFinancialTimes #TheEconomicsShow

https://podcasts.apple.com/us/podcast/the-economics-show/id1746352576?i=1000744394960

Budget 2026 preview: Will the govt cut taxes, boost jobs or raise spending? What it means for common people. https://english.mathrubhumi.com/news/money/budget-2025-preview-low-inflation-strong-economy-what-it-means-for-you-yk8k8tqr?utm_source=dlvr.it&utm_medium=mastodon #Budget2026 #IndianEconomy #Inflation #TaxRelief #MiddleClass

Why so many middle-class Canadians feel one crisis away from collapse — and what you can do to get ahead

The Canadian middle class is shrinking. According to a 2023 report by the Observatoire des inégalités, 42% of…
#NewsBeep #News #Personalfinance #Business #CA #Canada #Canadians #classdistinction #Disposableincome #Finance #financiallystable #healthemergency #incomeshare #incomethresholds #middleclass #Observatoiredesinégalités #PersonalFinance #upper-class
https://www.newsbeep.com/ca/272261/

Why so many middle-class Canadians feel one crisis away from collapse — and what you can do to get ahead

The Canadian middle class is shrinking. According to a 2023 report by the Observatoire des inégalités, 42%…
#NewsBeep #News #Personalfinance #AU #Australia #Business #Canadians #classdistinction #disposableincome #Finance #financiallystable #healthemergency #incomeshare #incomethresholds #middleclass #Observatoiredesinégalités #PersonalFinance #upper-class
https://www.newsbeep.com/au/273413/

Man uses the #shoe aisle to perfectly explain why #middleclass #Americans are hurting

https://www.upworthy.com/fast-fashion-garbage-shoes-ex1

https://substack.com/@mikaanderson/note/c-162768104

#governmentshutdown #government #politics #USA #America #Congress #Republicans #Budget #Economy #tRump #Billionaires #Tax #TaxCuts #Shutdown #NationalStrike #Strike #Blackout #Activism #Resist #Protest #Greed #Corporatocracy #oligarchy #Paycheck #Personal #Americans #Citizens #Law #HumanRights #Justice #Midterms #Elections #Vote #NeverForget #Hardship #Poverty #MiddleClass #Reaganomics #Trickledown #AIPAC #HeritageFoundation #Project2025 #TaxChurches #Military

Educational Institutions Must Be Exempted from GST to Reduce Fee Burden: PUCA.

https://aliyesha.com/sub/articles/news/display/pb_education_institute_exempt_gst

#punjab #chandigarh #india #news #press #TaxExemption #gstrelief #GST #GoodsandServicesTax #education #middleclass

Enjoy tracker free reading with us. #privacy #privacymatters

Senate GOP's new tax bill offers a $10K deduction for auto loan interest—but only for NEW cars, leaving used-car buyers (61% of middle-class households) out in the cold. Critics call it a giveaway to wealthier Americans & auto dealers.

Key detail: Must be US-assembled vehicles purchased after 2024—funded by Medicaid/ACA cuts. House version included used cars.

https://www.cnbc.com/2025/06/18/senate-gop-big-beautiful-bill-gives-tax-break-on-car-loan-interest.html

#TaxReform #AutoIndustry #GOP #MiddleClass #usedcars

“Service to your country for many #BlackAmericans is also seen as an entrée into #Middleclass. Whether you only served one enlistment or made it a career, having #military service on one’s résumé or job application was seen as a plus for African Americans whose work ethic & experience were always seemingly in question. The military also provided training & job experience that—especially in the 1950s, ’60s & ’70s—Black Americans were not able to easily obtain in the civilian world.
#Trump #racism

Meanwhile, in other news... note the #volatility index aka #fear index. This #criminal #administration is #destroying wealth, decimating lives of #middleclass #American families residual those living off their life's savings and investments. #impeach and #convict this #felon now.

#economy #stockmarket #loss #corrupt #USPolitics #government #resist #handsOff #stupid

We can't know the future & so many are struggling in this world

Those who help most struggle most

Those who help least struggle least

The #middleclass produces despots by giving of themselves more to support #capitalism & #fascism, than ever to help those in #poverty

There's this state of #apathy & #complacency, built on fear, that keeps lined the pockets of those at upper echelons of #society

Like keeping those in power appeased, that they too aren't left with nothing

Trump’s #attack on the #federal #workforce is an attack on the Black #middleclass. Center for American Progress - “the federal government has hired Black Americans at higher rates than the private sector going back a century or more.” Federal workforce, though far from majority #Black, is disproportionately Black. Any policy aimed at firing federal workers en masse would still #disproportionately hurt Black people. This is not a bug in Trump’s program. It is a feature. https://www.msnbc.com/opinion/msnbc-opinion/trump-dei-federal-workers-civil-rights-rcna188966

मोदी सरकार ने मिडिल क्लास को एटीएम बनाकर रख दिया: केजरीवाल।

https://aliyesha.com/sub/articles/news/display/nd_modi_government_middle_class_problems_kejri

#newdelhi #delhi #india #news #press #elections2025 #elections #MiddleClass #kejriwal #pmmodi #aap #bjp #IncomeTax #budget #retirement #EconomicJustice

Enjoy tracker free reading with us. #privacy #privacymatters

https://www.youtube.com/watch?v=u-dwuugSZCo&pp=ygUVdGhlIHJlYWwgbmV3cyBuZXR3b3Jr

#TRNN #TheRealNewsNetwork

#DenyDefendDepose: #Elites #GASLIGHT Americans' anger post-CEO massacre

#UHC #ShittyHealthcareSystem #HealthcareSystem #LuigiMangione #ClassStruggle #workingclass #middleclass #USAShitShow #capitalism

#Democratic #Presidential #Nominee #KamalaHarris uses #townhall to show #empathy with #Latino #voters.

She made the #case that her #opponent does not care about the problems of the #middleclass.

Lets also not forget the whole #massdeportation thing, which in the #farright's eyes will also include those who are here #legally.

https://www.npr.org/2024/10/10/nx-s1-5147253/kamala-harris-univision-town-hall

What We Know About #ShadyVance Having #MiddleClass #Upbringing in #Suburban #Ohio.

Vance "grew up in an #uppermiddleclass #family and was not #poor," one #socialmedia user said.

https://www.snopes.com/fact-check/jd-vance-house-middle-class/

#KamalaHarris is now talking about the sorts of policies she would pursue as president, reiterating pledges she has previously made to assist #families w/ #childcare costs, a #MiddleClass #TaxCut & spur the #construction of #AffordableHousing:

“Under my plan, >100M Americans will get a middle-class tax break that includes $6k for new parents during the 1st yr of their child’s life to help families cover everything from car seats to cribs.”

- #KamalaHarris

#OpportunityEconomy #HarrisWalz2024

Among the various topics touched on during Tues’ #debate was #Trump’s #inheritance, brought up by VP #KamalaHarris as she addressed the #MiddleClass.

How much Trump received has seemingly been a sensitive point for Trump. He has often claimed it was a “very small loan,” but a 2018 David Barstow, [the brilliant] Susanne Craig & Russ Buettner NYT’s report refuted that.

#FactCheck #TrumpLies #InheritedWealth #SilverSpoon #GenerationalWealth #SelfMadeMyth #LyingLiarWhoLies
https://thehill.com/homenews/nexstar_media_wire/4873145-how-much-did-trump-inherit-from-his-father/

#VicePresident #KamalaHarris has #brilliant #economic #pitch.

Harris is drawing a clear distinction between her and Trump, because her #plans will actually #provide #practical #help for the poor and #middleclass.

https://www.dailykos.com/stories/2024/8/15/2263334/-Vice-President-Kamala-Harris-has-brilliant-economic-pitch

No, You're Not Crazy. Everything IS More Expensive. This Is Why. | Leeja Miller
https://www.youtube.com/watch?v=vjYWMs9al0U

#economy

#PriceGouging #Monopolies #politics #PeterTiel #Trump #Reagan #Bush #TechMoguls #Republicans #Corruption

#Democracy #MiddleClass #AntiTrust
#Obama #Biden #Democrats