Gosh, look what @cstross posted exactly ten years ago: https://www.antipope.org/charlie/blog-static/2015/02/a-different-cluetrain.html
[Since the preview isn't showing up, I’ll just say that my Twitter reaction at the time was “does democracy have any future?”]
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@alanpaxton @andeux @timbray I'm on the side of the humanitarians. Thiel thinks he is, but he didn't check the dictionary and he thinks a humanitarian is like a vegetarian only for humans.
@cstross @alanpaxton @andeux @timbray TV will ruin your vocabulary
https://tvtropes.org/pmwiki/pmwiki.php/Main/ImAHumanitarian
@addressforbots @xanathar @andeux @timbray I can imagine horrors easily: just mix and match stuff that already happened (hint, that's what Atwood did in that book). Example: take Romania's Decree 770 regime and add smartphones and cheap immunoassay kits. (Please don't tell Vance.) https://en.wikipedia.org/wiki/Decree_770
Billionaires should be treated as a danger to the effective working of democracy in the same way that monopolies are treated as a danger to the effective working of capitalism. And their existence and operation should be regulated and restricted by government.
One way to do this would be to use progressive taxation to ensure that individuals do not accumulate more than a certain proportion of the GDP (or some other relevant figure). This would give a system which is capitalist in the small but communist in the large.
A stable democracy would then be a voting system with an army (to prevent take-over from outside) and progressive taxation (to prevent take-over from within). There are probably a few other things that will need to be added to ensure stability against other threats.
@tristrambrelstaff @andeux @timbray That's far too logical to work with real human beings™.