Tech billionaire Tom Perkins may have expressed a class consciousness archetype for the rich’s collective unconscious fear that people of the world who aren’t Ultra High Net Worth individuals might awaken from their dogmatic slumber and send the rich who control most of the world’s approximate 250 trillion dollars of capital assets to a new Auschwitz rather than Davos, St. Moritz or wherever it is the rich skink off to for plotting hostile takeovers and leveraged buy outs of the remaining non-networked aspects of the free world economy.
For the .6% that control most capital assets the chance of being removed from wealth and sent naked to gas chambers could be a recurring though vague nightmare almost as bad as a 90% tax rate that could restore the world environment, space exploration and buy new shoes for orphan Annie. Who can say the French Revolution couldn’t happen again with a mobile snappers hydraulic guillotine bringing supply-on-demand chop shops to lop off the heads of planetary misers? It’s not the sort of thing the happy poor think about generally. At least an Auschwitz isn’t going to happen since there are so few people with that big a pile of wealth on Earth- they could stay in a couple of Marriots and await ultra-fast snappers without spending much..
http://www.forbes.com/billionaires/ 1426 billionaires
Since Tom Perkins brought the subject up though I make ask, what use are billionaires? Is the world better off without them? Are they a net gyp? Do they contribute more to the world economy positively or are they really net repressors of competition through networking? Though there is a lot of good tech product that development could happen in an infinite number of alterative ways so different as to make it seem like a different world. Maybe one that is more fair, secure and meaningful to a majority instead of a minority .6% in a UHNW class. Maybe a poll could determine popular opinion on the question of should the rich should be relocated to a concentration camp like Davos with no exit (not the Sartre play)?
If billionaires control the world economy through networking corporate ownership then they comprise a discrete monopoly that has evolved its form over the monopolistic corporate world of the era of F.D.R. Instead of a corporation such as Microsoft being viewed as a monopoly now and then that dominates a business area, or as a state supported quasi-monopoly such as the big Wall Street Banks circa 2008-2009 the modern monopolists concentrate capital power owning everything as a class through networking, speed of light trading in dark pools and purchase of political influence and favorable legislation such as tax cuts to ‘stimulate’ there economy with a tingling running up their legs. A monopoly of the UHNW class stops competition like any monopoly does-if it threatens class economic power. That’s a bad prospect for the survival of human life on Earth that can use all the competition, inventiveness and innovation it can not to mention democracy, a more egalitarian distribution of income in the U.S.A., full employment, restoration of a healthy wild ecosphere and freedom of ubiquitous government and corporate network surveillance.
Actually though Americans seem rather doomed economically and politically speaking being too ignorant to know or care how things are developing or to fix it. In Greek city-states there were assemblies only citizens could attend. Those citizens took their democracy seriously and were vigilant against insidious oligarchy working sedulously to take over the state.
The least a U.S. Government could do to safeguard civil rights of free expression in the tech-control era of global communications would be to make broadcast wavelengths as non-exclusive as cell phone calls and to provide a terabyte of online cloud
citizen text and video
storage with personal choice of who can read the data. That would prevent the
present insecurity of internet publishing where the rich can just buy up and
silence or marginalize search engine listings and so forth for any web site not
to mention N.S.A. treachery for partisan political purpose. Even NPR took down
it’s free access ‘Talk of the Nation’ Your
Turn discussions area a few years ago where anyone could post a comment on
about anything. The trend is toward the rich and corrupt ruling the Internet.
One may publish anything so long as it’s senseless sycophancy or short-lived. U.S.