leo_aureus t1_itl5krd wrote
Reply to comment by StupidMastiff in Penny Mordaunt pulls out of Tory leadership race, paving way for Rishi Sunak to become next PM | Politics News by FutureNytro
I am honestly so amazed that we cling to the vestiges of a liberal democracy and pretend we don't notice how every single politician is either insanely weathly or becomes such after a little while in office. Totally not an oligarchy, though!
WatchandThings t1_itlanzv wrote
I keep thinking the world is entering a new feudalism where the new nobles are just company owning(whether directly or by investment) oligarchs instead of land owning lords. Having you describe it on the nation of actual monarchy and nobility, kind of really drives that new feudalism idea home.
BabySuperfreak t1_itmt00o wrote
Honestly the only missing component is that corporations are still barred from having private militias and the govt would give them a HARD side eye if they asked. Modern politicians might be whores, but they aren't dumb enough to write themselves out of relevance.
Should that ever change, however...
sunflower_love t1_itwg714 wrote
This is a good point I think. Private militias would take it that much closer to a complete cyberpunkish corporatocracy
LetMeSleepNoEleven t1_itn3a9i wrote
I mean, just look at the dynamic of Elon, Ye, and Trump supporting each other in their celebration of owning social media companies and Ye complaining about Biden not meeting with Musk because for whatever reason billionaires should be at the head of the table.
So, yup.
Tugays_Tabs t1_itmwpvw wrote
It’s not new. It just never stopped.
Superb-Antelope-2880 t1_itmxyp1 wrote
Where was that never the case in some forms?
WatchandThings t1_itn1ocj wrote
I guess, the difference from where we were and where are now is that I'm seeing is the class gap widening. The class gap is starting to look more and more like the lords and serfs with blatant protection of the rich and the companies(the people that avoid all legal troubles and companies that pay the 'cost of doing business') making them another level of citizenry.
I think the new feudalism would be complete when they actually lock the voting powers away from the public, and only allow company ownership to existing oligarchs and their descendants.
Superb-Antelope-2880 t1_itolrqb wrote
I think it's no wider than it ever was, on a practical scale.
How much class mobility were there when colored people couldn't vote or women can't own land?
Atleast in America, people simply throw a segment of society under the hustle on purpose so white working men had a bigger slice of the pie.
The rich always had the biggest share regardless.
Now the slice for the common people are simply shared among more individuals so it appear there are less.
WatchandThings t1_itpwppm wrote
That's a fair point. What I was picturing was the early 1900s with Rockefeller and the crew being the top end and the 1911 Triangle Shirtwaist Company workers on the bottom end. I feel like we are heading towards that level of class separation, but we felt like we haven't fully arrived there.
But maybe the Bezos and the crew are the new elite and maybe we are not seeing the Triangle Shirtwaist Company workers because they are overseas.
[deleted] t1_itm2325 wrote
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moeburn t1_itlcgve wrote
> I am honestly so amazed that we cling to the vestiges of a liberal democracy and pretend we don't notice how every single politician is either insanely weathly or becomes such after a little while in office
It's a FPTP democracy, the least democratic of democracies.
musicantz t1_itll5qg wrote
His wealth isn’t from his time in office. He married rich.
mr_schmunkels t1_itm8spp wrote
Does that change anything in regards to the idea that being in office usually requires a huge bank account?
Tugays_Tabs t1_itmxai8 wrote
He was born on third base.
officiakimkardashian t1_itnemp5 wrote
Wasn't he wealthy even before he married rich? Graduating from Stanford certainly suggests something.
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TheCrowsSoundNice t1_itmgv10 wrote
We've got to do something about billionaires. They are the worst people for humanity (Putin, Trump). And before you say there are some good ones, what made them good? - the fact they GAVE their money away. Let's just go ahead and do that for them.
SlightlyAngyKitty t1_itmp6jd wrote
If billionaires didn't exist and we had a functioning and fair society, there probably wouldn't be a need for the charities rich people donate to as tax write offs.
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jwm3 t1_itxav3v wrote
Blame the gutting of the inheritence/estate tax by Reagan. It make oligarchies possible in the US. In the past, if you wanted your wealth to live on you had to build a museum, or charity, or found a university. Basically billionaires had to find a public good to invest in before they died.
WhiteHairedWidow t1_itmi54k wrote
Blame the system that created the billionaires.
utopianmessiah t1_itmo4hy wrote
We most definitely need to move towards a meritocratic leadership with academic + industry experience. Not the usual bullshit, she/he read classics at Oxbridge, became a local MP, and then suddenly fit to run the country (which has the 6/7th largest economy in the world).
Even Labour's rhetoric is a load of horseshit: eh, i'm a local geezer son, worked as a canary in the mines (and survived) and me daddeh was a bricklayer. Vote for me, I understand the working man!
ffs! We need a new model, new approach, new leadership...
Drago1214 t1_ito08n0 wrote
Well nobles gonna noble.
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empfindsamkeit t1_itlfr95 wrote
Politicians are generally not all that rich actually. And when they are, they usually earned it before entering politics. At least in the US. Richest congressman is Senator Rick Scott at $259 mil, whose company IIRC engaged in Medicare fraud, but he acquired all that wealth before becoming a senator. By the time you get to the 50th richest (out of 536) you're down to $10M. Median net worth is only $1M. With a salary of ~$175K and things like book deals/speeches for the more popular ones, it's not crazy to reach that level of wealth, especially with a spouse, while in office. Just investing $75K for 10 years (average length of service for Congressmen) would be enough to get one a $1M net worth.
ButterflyAttack t1_itlj4aj wrote
Yeah, that's why they'll so often sell us out so cheaply. Either we have rich politicians or we have rich people buying and controlling the politicians. Either way, we are nothing but a resource from which to extract maximum value.
Yeah, occasionally you get politicians who mean well, they generally get stomped by the media - most of which is owned by a small group of rich people. Either way, we're fucked.
empfindsamkeit t1_itlmgug wrote
If true, there's nobody to blame but the people. They could throw these people out at any time. If they can't find ~500 honest, qualified people in the country on a regular basis then that's still an indictment of the people.
woopdedoodah t1_itlpno2 wrote
Realistically, the attributes that help you get elected (determination, people skills, organizational ability, etc) are also those most likely to make you rich.
[deleted] t1_itlib86 wrote
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