The Oligarchs Don’t Notice What’s Coming Subsequent

Paul Krugman: “When democracies die, huge enterprise and rich people usually play an important position of their demise. They supply a would-be strongman with monetary assist; their management of or affect over information media ensures that he receives favorable protection, whereas his opponents are trashed. They do that as a result of they count on to be rewarded with insurance policies that favor their pursuits and picture that they may in impact be shareholders within the new autocracy.”
“What comes subsequent is acquainted to anybody who research historical past (which the oligarchs don’t.) Ultimately it turns into clear that they don’t personal the dictator they’ve helped set up; he owns them. Perhaps they’ll like a few of his insurance policies, perhaps they gained’t, however in any case they’re not in management — they usually quickly be taught that criticizing the large man isn’t simply fruitless, it’s harmful.”
“Prior to now this script has sometimes taken a number of years to play out, however that is the web age, so proper now in America the method appears to be taking just a few weeks.”