“Even if we begin in a democracy, inequality can entrench itself and grow arbitrarily extreme, as the rich push policy or steer technological development in the direction that best serves them. Relatedly—or as an extreme case of the same phenomenon—revolutions may be much easier to suppress when a state or ruling elite has a robotic military that obeys its commands without the need for any popular support.”
https://philiptrammell.substack.com/p/capital-in-the-22nd-century
https://philiptrammell.substack.com/p/capital-in-the-22nd-century