Worth a read
"”it is hard to know where the tipping point is past which democracy becomes oligarchy,"
"Is it when… they own not 80 per cent of privately held media, but 100 per cent? Or perhaps when they finally get their hands on our public media?””
#auspol
How the explosion of the ultra-wealthy risks democracy
Scarletp
Democracy cannot survive trillionaires. We need to start taxing billionaires properly.