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Yea definitely a plutocracy.
We are deep in “palace court politics” right now where theres an autocrat wielding all the power and most of the news is about the relationships between the powerful members of the court.
Archduke hegseth is angry at the viceroy of Anthropic and so now their AI model is illegal. Did you hear that court jester musk has had a falling out with the mad king? He sent his messengers far and wide to tell everyone that trump fucked kids.
Our policies are controlled by the ultra wealthy donor class who have completely captured both parties.
I don’t see any clean way out of it, I think there are 3 likely scenarios.
We got here because the the wealthy played the long game. They found willing partners in the boomers to a new set of ideas that maybe the government is bad and shouldn’t restrain big corporations and that corporations are somehow always good. Little by little, bribe by bribe, they bought the regulators and we now live in a world where politicians run on cutting regulation, they run on not doing their jobs, and people cheer.
Society is about balancing power, not allowing too much to collect into one group because they will abuse it. That group can be any group, the government, the church, giant companies. The only metastable configuration we’ve found is when you have a couple of them actively fighting with each other keeping them in check. We are currently living through a period where one of those groups, neoliberals and corporations, have amassed most, if not all, of the power. It is unlikely to last forever, but it will last a while and probably be relatively unpleasant.