This CGP Gray video from a decade ago makes the point that when the bulk of a countries wealth comes from a very small area of production/industry - tyranny will soon follow.
When all the wealth comes from a few tech-billionaires (rather than the productive labour of the diverse masses) - the representative/leader/dictator ONLY has to please the small minority who has all the money.
It’s a move from profit seeking to rent seeking by the capitalists. Some have called it feudalism.
This CGP Gray video from a decade ago makes the point that when the bulk of a countries wealth comes from a very small area of production/industry - tyranny will soon follow.
When all the wealth comes from a few tech-billionaires (rather than the productive labour of the diverse masses) - the representative/leader/dictator ONLY has to please the small minority who has all the money.