"As workers are replaced, the future will (almost literally) be owned by owners. Then even the owners will be disrupted. I foresee a great battle among tech barons looming as those who own machines and robots and are heavily taxed to keep the entitlements spigot flowing declare war on those who own software and algorithms and are hardly taxed at all."
Perhaps Howard Schultz and today’s Democratic Party are symptoms of the same condition. Both the billionaire and the party with a lot of billionaires want to restore an era, a politics, and a political culture that seem increasingly foreign with each new tweet from the White House.
"It’s obvious that the old American aristocracy had a much better track record. It’s not even close, really. The old American aristocracy was in control during an unparalleled period of American ascendance. It presided over the greatest economic expansion ever, the creation of a massive and growing middle class, the spread of democracy to other parts of the globe, general peace in its spheres of influence, institutions such as the Marshall Plan, United Nations, the World Bank, the International Monetary Fund, and the Bretton Woods Monetary System, and the creation of “the liberal world order.” And though this group of elites came close, they didn’t blow up the world. However, determining just how much credit the old American aristocracy deserves for these developments is tricky."
Today: Looking for Mr. Good Jobs, The Nation vs. The Globe, Amazon is China, and A Comic From The Before Time, In The Long Long Ago
Here are a few analysis and prediction-heavy notes spinning out of what Democrats may eventually come to see as the most damaging event of this election cycle.