
Elite Capture

Elite capture is the “presence of unequal access to power...and consequently the ability to influence the transfer of funds/resources disproportionately” toward outcomes that benefit those with access.
Here, funds/resources mean currency, so in some situations they can refer to things like housing and healthcare but they can also refer to... See more
Cydney Hayes • The elite capture of Substack
Once algorithms mediate communication, employment, welfare, policing and public discourse, they become political institutions. The power structure is feudal, comprising a small corporate elite that holds decision-making power justified by special expertise and the imagined urgency of existential risk, while citizens and taxpayers are told they... See more
The Politics Of Superintelligence | NOEMA
Why Nations Fail is a bit longer than The Communist Manifesto , but it is essentially The Bourgeois Manifesto . Merchants having become wealthy from the Atlantic trade win property rights in England, already primed for this breakthrough. Resultant regime called inclusive , though the merchants were primarily slavers.
They will underline however... See more
They will underline however... See more