Paul Krugman: “When democracies die, massive enterprise and rich people typically play a vital position of their demise. They supply a would-be strongman with monetary help; 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 are going to 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. Possibly they’ll like a few of his insurance policies, possibly they received’t, however in any case they’re not in management — they usually quickly study that criticizing the massive man isn’t simply fruitless, it’s harmful.”
“Previously this script has usually 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 only some weeks.”
