Unfortunately I do not share your confidence that concentrated power is inherently unstable or self destructing. What evidence is there of such a claim?
Even the most extreme concentrations of power, such as North Korea, in fact contain complex webs of mutual support within them when viewed up close.
To get back to the original topic, though, I just don't see how any non-extreme (below .9 Gini) distribution of income can be considered unstable or problematic in any way. It's not as if someone is simply doling out wealth and income; this stuff is created and earned!
Unfortunately I do not share your confidence that concentrated power is inherently unstable or self destructing. What evidence is there of such a claim?
Even the most extreme concentrations of power, such as North Korea, in fact contain complex webs of mutual support within them when viewed up close.
To get back to the original topic, though, I just don't see how any non-extreme (below .9 Gini) distribution of income can be considered unstable or problematic in any way. It's not as if someone is simply doling out wealth and income; this stuff is created and earned!