Gosh, look what @cstross posted exactly ten years ago: https://www.antipope.org/charlie/blog-static/2015/02/a-different-cluetrain.html

[Since the preview isn't showing up, I’ll just say that my Twitter reaction at the time was “does democracy have any future?”]

@timbray @cstross
"Capitalism as a system may well work best in the absence of democracy."

Peter Thiel came to the same conclusion.

@andeux @timbray Yes, but he drew the exact OPPOSITE moral from the conclusion.
@cstross @andeux @timbray MORAL? In capitalism? Can't afford that if you want to become even richer!
@cstross @andeux @timbray Which side are you on, boys ?
@alanpaxton @andeux @timbray I'm on the side of the humanitarians. Thiel thinks he is, but he didn't check the dictionary and he thinks a humanitarian is like a vegetarian only for humans.
I'm a Humanitarian - TV Tropes

If a vegetarian eats vegetables, what does a humanitarian eat? No, this trope is not about humanitarianism. Quite the opposite, in fact. Cannibalism is considered one of the greatest taboos, so, naturally, it's become a trope. One idea which …

TV Tropes
TV Tropes Will Ruin Your Vocabulary - TV Tropes

Or enrich it, depending on your point of view. It seems to be not at all unusual for a troper to begin speaking Tropinese in Real Life situations that do not involve discussion of entertainment. This is apparently another way that TV Tropes Will …

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@cstross @andeux @timbray

Billionaires should be treated as a danger to the effective working of democracy in the same way that monopolies are treated as a danger to the effective working of capitalism. And their existence and operation should be regulated and restricted by government.

One way to do this would be to use progressive taxation to ensure that individuals do not accumulate more than a certain proportion of the GDP (or some other relevant figure). This would give a system which is capitalist in the small but communist in the large.

A #stableDemocracy would then be a voting system with an army (to prevent take-over from outside) and progressive taxation (to prevent take-over from within). There are probably a few other things that will need to be added to ensure stability against other threats.

@tristrambrelstaff @andeux @timbray That's far too logical to work with real human beings™.
@cstross @andeux @timbray But we need ideas to fight back against the idiocy. (They don't necessarily need to work so long as they push things in the right direction)
@cstross @andeux @timbray
See also billionaires in ‘Communist’ China.