The plane(t) has been hijacked by billionaires, and we're all passengers

In a way, you are correct in a historical sense. Think of how the robber barons came to be: by exploiting new technologies such as railroads, or steel, or oil. Technology is unevenly distributed, and those able to position themselves at the bottleneck can get extremely rich. What is missing from the equation is a way to more evenly distribute technology. Or rather, the tools designed to break up those bottlenecks, to slay monopolies have all been dismantled.

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