Title : "[I]ncreasingly, the Democrats’ populist pretensions conflict with their alliance with ascendant 'sovereigns of cyberspace,' whose power and wealth have waxed to almost absurd heights."
link : "[I]ncreasingly, the Democrats’ populist pretensions conflict with their alliance with ascendant 'sovereigns of cyberspace,' whose power and wealth have waxed to almost absurd heights."
"[I]ncreasingly, the Democrats’ populist pretensions conflict with their alliance with ascendant 'sovereigns of cyberspace,' whose power and wealth have waxed to almost absurd heights."
"Other parts of their upscale coalition include the media, academia and the upper bureaucracy. This affluent base can embrace the progressives’ social agenda — meeting the demands of feminists, gays and minority activists. But they are less enthusiastic about the social democratic income redistribution proposed by Bernie Sanders, who is now, by some measurements, the nation’s most popular political figure. This new putative ruling class... sees its rise, and the decline of the rest, not as a reflection of social inequity, but rather their meritocratic virtue. Only racism, homophobia or misogyny — in other words, the sins of the 'deplorables'— matter..... How long can this odd pairing of socialism and oligopoly persist? There are growing sentiments on the left to begin confiscating some of the massive wealth of the tech firms...."From "The coming Democratic civil war," by Joel Kotkin.
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