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JDPriestly

(57,936 posts)
5. A society in which the plutocracy dominates the institutions is what we call a "Dark Age."
Wed Jun 27, 2012, 12:31 PM
Jun 2012

The problem is that inherited wealth usually does not flow to the most innovative, most intelligent, most resourceful, most curious, most talented, most qualified to lead and certainly not to the most caring or kind.
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Plutocrats overall tend to be cruel. In fact people who believe that they deserve something for nothing, that they are born into privilege are probably not the best qualified to make and enforce rules in a time of social turmoil and difficulty.

So, I strongly disagree with some of your assumptions.

The decrease in social mobility in our society correlates to an increase in untalented but overly confident fools in high places.

Where is the Lincoln of today? The Jefferson (he was comparatively well off financially but not blue-blood; he prided himself on his scientific knowledge and on his technical and professional skills, not on his noble birth)?

The international trade agreement will further concentrate power and wealth in the hands of a few. It's a terrible idea.

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