Will the Rich Grab All the Power in the “Age of the Drone”?
Contrary to Noah Smith, I doubt it. If you look at it as one poor person with a handful of drones vs. one rich person with an abundance, then it's clear the rich person will win. If you look at as the poor as a class vs. the rich as a class, then it's more balanced. In particular, it's unlikely the “1%” will be able to confiscate the property of the “99%” on a large scale. If the top 20% have half the income, we can expect them to have half the drones if a civil war between the classes breaks out. At $1 one vote, the relatively well off will be more powerful than today but not all powerful. I'm more worried about oppression by the 20% (zoning laws, eminent domain, and occupational licenses) than by the 1%.
One last point, nearly everybody in the U.S. is in the top 20% by world standards.
2 Comments:
When drones are outlawed, only outlaws will have drones.
Why would the rich want to confiscate the property of the poor? The rich have the good stuff already. This is pure projection of Leftist fantasies of violence.
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