Adam Gurri

I think we are in a special circumstance where we have a president that will just pardon people and use their powers that way.

But that's what happens.

When you move towards oligarchy, you also move the country more towards the possibility of just a strongman.

which then just, you know, you end up with a personalist system that is the complete opposite of rule of law.

It should, yeah, definitely.

I mean, I think it's a lot of... Like everything, so much is just contingent on the specifics of the era.

So at this point...

Obviously, we've gone through this technological revolution in the last 20, 30 years, and that's created some mega billionaires.

It could be that, however we muddle through this moment, in 30 years, there hasn't been an equivalent technological business industry shift that's created an equivalent class of people.

There was a similar moment at the end of the 19th century.

We call it the robber baron era, but I think people really...

underestimate how dramatic the change was at that time.

It was much more dramatic than what we've seen in the last 30 years.

There were, I'm trying to, there's some numbers that were like, there was an industry where there were 10,000 different businesses and it went down to like 100 and like two of those accounted for 80% of the revenue and also they were global businesses, right?

So like

The changes that happened in like the last 30 years of the 19th century were so world historic in nature that, yeah, they produced a few people that were absolutely overmighty subjects.

And we did ultimately do something about that, right?

But it was a combination of some time went by, you know, so that we were a little beyond that particular economic moment.

And then also we got a couple of presidents who were just willing to strongly enforce antitrust laws again and show that,

the democratically elected government are the ones that are in charge here, not a bunch of billionaires.