Musk's Influence Reflects the Rise of Neo-Feudal Capitalism in Liberal Democracies - PRESS AI WORLD
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Musk's Influence Reflects the Rise of Neo-Feudal Capitalism in Liberal Democracies

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aljazeeraALJAZEERA
Musk's Influence Reflects the Rise of Neo-Feudal Capitalism in Liberal Democracies

Credited from: ALJAZEERA

  • Elon Musk's rise in influence is linked to a trend towards **neo-feudal capitalist** structures within liberal democracies.
  • The **influence of billionaires** is increasingly evident in governments, aiming to implement business-friendly policies.
  • Examples from countries like India and the U.S. illustrate a move towards **plutocracy**, undermining democratic principles.
  • This shift correlates with a rise in **global inequality**, with wealth disparity sharply increasing since the 1980s.
  • Concerns grow that the emergence of **authoritarian capitalism** may represent a future path for liberal democracies.

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