Sunday, August 23, 2020

The American Oligarchy

 From The American Conservative:

No one ever elected Bill Gates to anything. His wealth, and not the democratic process, is the only reason he has an outsized voice in shaping coronavirus policy. The man who couldn’t keep viruses out of Windows now wants to vaccinate the planet. That isn’t an unreasonable goal for a man of his wealth, either. Gates’s foundation is the second largest donor to the World Health Organization, providing some 10 percent of its funds. That kind of influence over expert opinion is immense—and it yields results. In April, Gates called for a nationwide total lockdown for 10 weeks. America didn’t quite sink to that level of draconian control, but the shutdowns we did get absolutely crushed small businesses. Massive tech firms, however, made out like bandits. Microsoft stock is at an all-time high.

No one ever voted on those lockdowns, either. Like the mask-wearing mandates, they were instituted by executive fiat. The experts, many of them funded through donations given by tech billionaires like Gates, campaigned for policies that radically altered the basic structure of society. Here lies the danger of billionaire power. Without adequate checks and balances, the super-wealthy can skirt the normal political process, working behind the scenes to make policies that the people never even have a chance to debate or vote on.  (Read more.)


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