Regarding the current struggles generated by the new USA administration
It is a refreshing shift to finally recognize that the so-called 'tycoons' of the West should rightfully be classified as oligarchs. For decades, we were fed the narrative that the United States and other Western 'democracies' were home to tycoons—wealthy individuals who had earned their fortunes through business prowess. Meanwhile, in the East, the term 'oligarchs' was reserved for the elites who wielded both financial and political power, often acquired through murky means. This stark distinction was presented as though it were a matter of geography and governance, implying that the West’s wealthiest were somehow more legitimate or virtuous in their accumulation of power.
However, a shift is now happening. More and more people in the United States are beginning to see that the label 'tycoon' is merely a euphemism—a glossy sticker slapped on a bag of rotten tomatoes to make it look more appetizing. The reality is, once an individual, family, or group reaches a certain threshold of wealth, they invariably become entangled in politics, whether directly or through proxies. The lines between business and political influence blur, revealing the true nature of these so-called tycoons: they are no different from the oligarchs of Eastern nations, leveraging their wealth to secure political power and control.
If one were to dig deeper, it would be no surprise to find that the vast majority of 'old money' has its roots in the old feudal system—the lords and barons of yore who controlled land, resources, and lives. The concept of wealth being passed down through generations, embedded in the structure of inheritance and privilege, stretches back to this ancient socio-economic arrangement. Meanwhile, 'new money' often traces its origins to those who may have climbed the ladder of industry and innovation, but even they are not free from the shadows of the old ways. In fact, the lines between the two are often blurred, with 'new money' finding its own ways to cement power, often through strategic alliances, lobbying, or even outright political manipulation.
This is where the concept of techno-feudalism emerges. A new kind of feudal system has arisen, where the titans of the tech industry, along with a few other key sectors, hold an outsized grip on wealth, technology, and, crucially, political influence. It is no longer about land and serfs, but about data, surveillance, and the monopolization of digital infrastructure. While the trappings may seem modern—flashy tech companies and digital innovations—the underlying power structures remain eerily similar to those of medieval feudalism. A few individuals or families at the top hold the power, while the masses, whether they realize it or not, remain subjugated by the systems these elites control.
Bottom line: Nothing is truly new under the sun—at least when it comes to socio-economic arrangements. What has changed is the packaging. The modern system is nothing more than a rebranding of age-old power dynamics, repackaged with shiny new technology and slick marketing to make it palatable for the masses. The game may look different on the surface, but the rules have stayed the same: wealth and power continue to concentrate at the top, while the rest are left to navigate a system designed to keep them in place.
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