Reformation or Sublimation

Excellent spot. I wonder if other people think about this a lot. I do. This man says here that we are facing a crisis (not using that word lightly) in which the inequality of wealth and the lack of upward mobility will create conflict. When that happens chances are that the people will turn to more authoritarianism in order to quell the conflict at which point freedom is gone. He gives the examples of several democracies just prior to WWII that chose that course. He is a billionaire who has promised to give half his billions away along with Buffet and Gates and others. But that will not do the trick. According to him capitalism must be reformed to return advantage to the lower classes and taxes must rise on the wealthy for that to happen. He gives the odds of that happening as 60/40 for a negative outcome. I think about this a lot and that is why I do not dismiss out of hand the radical solutions proposed by some in our society. I believe that it is too late for anything less that that to work. I'd be very interested to know what you think. Please be civil and provide cogent arguments to your statements.

Principles of Ray Dialo 

Watch this short video to see what this man thinks.