this post was submitted on 23 Oct 2023
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Many oligarchs is better than a single oligarch. In true capitalist fashion, they are sociopathically self interested and their undermining of each other can occasionally benefit the rest of us.
And one time they almost got into a ring to fight, which was pretty funny.
Both situations are bad, but I don’t think oligarchs hinder each other that much. They compete, but in their overall control of society they are fairly unanimous, because they all share the same basic material interest to pay us as little as possible for as much work as possible and to destroy any trace of meaningful working class political power that might challenge them.
For the most part, their interests align, that's true. And it could be copium to say that many is better than one - since that's what we have.
At least if there was only one oligarch, we could have direct communication - as it is now, all the oligarchs can just kinda shrug their shoulders and mumble something in the universal language of plausible deniability.