Folks at Davos should be anxious. Sanders and Warren might make them itchy, but the reality is that there are twin disasters headed for the world. The first is that wealth inequality erodes democracy to the point that political violence - for the moment mostly confined to the far right - becomes an acceptable tool to force change on a system that blocks it.
The second, of course, is climate change and the Davos Billionaire class is all very, very concerned about it and thinking very deeply about it. They aren't exactly rushing to raise the taxes necessary to fix the fucking problem, but their press agents want you to know that they share our concerns.
There's not really a moral case for billionaires existing. There's a theoretical utilitarian one: that billionaires became that way because they are just so awesome.
Taxes work better than charity. Once people understand that, the billionaires will be sweating even more.
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