Everything about CEOs is like a monarchy. Wealth inheritance in business families like the Waltons? Just the capitalism version of royal heirs getting their throne. Presidents? They don’t run jackshit ever since money got into politics
America is back in the era of kings, and arguably a worse one
There are stories from a place I visited about how every tine the village lord had a wedding in his family, he invited the whole village to a huge party with free good food and free alcohol for like four days straight
Billionaires don’t do this
The Business Plot coup worked, only with money instead of weapons.
Capitalism is, quite literally, the rejuvenation of feudalism.
You lot really thought you could get away that easily? 😈
They detached their power from land, with corporations and stock portfolios replacing their kingdoms
Wait til you hear about holding companies.
It was covert before, but definitely still an oligarchy. At least since citizens united.
serfdom is unrelated to monarchies.
Oligarchy
Government by a few, especially by a small faction of persons or families.
Go figure, there’s already a word. /s
I see the sarcasm, but yah definitely not a new term for those just tuning in
Russian oligarchy refers to a political and economic system in which a small group of extremely wealthy individuals, known as oligarchs, hold significant power and influence over the government and economy of Russia. This term often describes the close ties between wealth and political authority that emerged after the collapse of the Soviet Union.
When we think of kings we tend to think of their late medieval/early modern European incarnation, but that was a bit of a historical anomaly—the end stage of a thousand-year-long process of the monarchy being captured by the aristocracy. But the aristocracy was the older institution of the two, and the more malignant.
In ancient times kings were generally opposed to aristocrats, drawing on popular support to curb the natural tendency of the aristocracy to extract so much wealth from the lower classes that violent revolutions would result. (Think the Roman Republic, where wealthy senators were terrified of a popular leader becoming king and eliminating the Senate.)
So it’s not that CEOs are becoming kings—it’s that plutocrats are subverting yet another in a long line of institutions designed to contain them.
Its worse now because by design, its tricky and secretive and they can kill us actively and we can’t touch them.
I’ll go back to king days when you just needed a group of buddies with some arrows and a plot.
The olde money / smart ones stay under the radar, but there are not that many of them and technology is making it hard to stay anonymous.
Sure would be a shame if a bunch of poor people with nothing to lose started looking into those facts more deeply. You know, instead of burning down their own stuff and fighting militarized local law enforcement, go to the source.
Work smarter not harder.
absolutely true. King is just a label though, for the top of that particular pyramid of power. There’s also emperor, caesar/kaiser, pope, CEO, …, all atop their own pyramids scrambling to make it bigger so they, the figureheads themselves, grow more important. Such silly nonsense.
And they’re proving that time and time again they don’t even know what to do with that kind of power. Utter fucking morons. Why can’t they just BE RICH?
Great use of the royal “we.”
