GM ☕️
"If our economy of freedom fails to distribute wealth as ably as it has created it, the road to dictatorship will be open to any man who can persuasively promise security to all; and a martial government, under whatever charming phrases, will engulf the democratic world"
This is from Will Durants essay "What is Freedom?" in 1932. He is writing about modern industrial democracies of his own time - chiefly the US and other 'capitalist' countries. Warning us that extreme inequality in a free-market system could open the door to authoritarian dictatorship.
Stay Humble, Stack Sats.