The terminal problem with capitalism is wealth concentration. If that isn’t addressed, then only a small handful of people will run the world by buying influence with their vast hoard of imaginary money. They have so much wealth that market forces can be ignored, so they can lose vast amounts of money buying failing newspapers, movie studios, financing political candidates, even paying for violent protests. The other 99% of the population are propagandized that these people either don’t exist or are somehow justified in this distortion of democracy because they have the right to do anything they want with their money, however they may have procured it.
Wokeness is a prime example of wealth overcoming the will of the people. Even at its most powerful, less than half of the public supported DEI, ESG, and other modern forms of reverse discrimination and socialist tyranny, but virtually all institutions were captured: news, entertainment, social media, education, corporations & government oversight. This is because woke billionaires paid for that control and imposed woke on everyone, regardless of what the market was and is. It’s ironic that what finally broke the woke stranglehold was other billionaires who used their vast wealth to push back, regardless of what it cost them because they were above caring about market forces. It’s all about who has the money, democracy has nothing to do with it.