A current example of how capitalism transitions to oligarchy and then to fascism.
This pattern is the natural course of things, inevitable unless we actively work to prevent it.
We have failed to prevent it.
DC insider: There's a connection between Trump's likely arrest and the bank bailouts
FTA: Charges of hypocrisy have been leveled at Thiel and other wealthy depositors who claim to be libertarians but were rescued by the government.
There was nothing hypocritical about it. Thiel and others like him aren’t really opposed to government, per se. They’re opposed to democracy. They prefer an oligarchy — a government controlled by super-wealthy people like themselves.
Thiel is part of the anti-democracy movement, of which Trump is the informal leader.
... Their antipathy to democracy comes from the same fear that the extremely wealthy have always harbored about democracy — that a majority could vote to take away their money. [emphasis mine]
Since the USA is no longer a democracy, this will not happen. The oligarchs have achieved their objective.
There is still one way we can return sanity to society (it ain't by voting; I refer the reader to the French Revolution), and this is where fascism steps in. Fascism serves to ensure that the spoils of capitalism and oligarchy can never be recovered by the 99.99%.
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