It's a new age.... of tycoons, monopolists and oligarchs?
The unevenness of the distribution of benefits in the new digital economy is a growing theme in world affairs. The economic power of the titans of the emerging economy will be unprecedented because it's happening on a global scale. The NRA is accused of influencing the last election by spending $12 million on it. What might Apple accomplish with a fraction of its $200 billion in cash reserves? Are we headed for a new age of tycoons, monopolists and oligarchs throwing their weight around with their economic power, while touting the benefits of their 'innovations?' What's to prevent history from repeating itself?