Quotes of All Topics . Occasions . Authors
Wall Street has too much wealth and political power.
Concentration of wealth yields concentration of political power. And concentration of political power gives rise to legislation that increases and accelerates the cycle.
Despite its enormous power and wealth, China's ruling elite remains absolutely petrified that the free flow of information will undermine its political legitimacy, particularly among China's younger generation.
The more we allow Republicans to concentrate the lion's share of wealth in the hands of a few, the more power these wealthy few will have. And they will use this power to continue rewriting the rules of both our economy and our political system in their favor.
As algorithms push humans out of the job market, wealth and power might become concentrated in the hands of the tiny elite that owns the all-powerful algorithms, creating unprecedented social and political inequality. Alternatively, the algorithms might themselves become the owners.