all cases of extreme economic inequality result in a police State, or pitchforks
See, he's pleading with his fellow plutocrats because he thinks they want to maintain a free society. They don't. They're pushing for a corporate run Police State. They're not worried about pitchforks, because they believe they can continually suppress uprising with brutal laws, and an even more brutal police force. I'm not sure that they're wrong. It's worked in Russia, North Korea, China, and many smaller countries for a very long time. They don't care about the United States of America. They don't share our ideals. They can't wait for neo-feudalism.