this post was submitted on 12 Sep 2023
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I disagree. Every other billionaire out there also has a shared interest in governments leaving the super-rich alone and not punishing them. That is a powerful lobby.
One of the reasons billionaires managed to gather so much power and influence in our current system is because they are more coordinated and way better at class warfare than us workers.
I'd say that and the obvious mind-boggling amounts of hoarded wealth are the two main ones. And never forget those billions are, for the most part, stolen from workers through wage theft, which circles back to billionaires waging class war on us.
In a sense it is unavoidable. Few individuals, each wielding vast amounts of power, will always have an easier time coordinating their efforts than many, many individuals each wielding a tiny bit of power since coordination has a quadratic complexity (each person has to coordinate with every other person in their respective group).
Imagine not being able to understand the concept of shared class interest.