[jimbob45]

Concentrated wealth (i.e. The 100 or so billionaires that exist in the world) is able to more nimbly direct their money to change the world. However, when they're wrong, they're using 1/100 of the world's wealth/productivity to be wrong.

Less concentrated wealth (i.e. Some form of socialism + wealth redistribution) is going to be much more likely to be caught up in red tape, meander, and not reach consensus. On the other hand, being wrong isn't as impactful.

You get to choose between the 2012-2016 US Congress (nothing gets passed - good or bad - because no one can reach consensus and no one has the power to unilaterally decide) and FDR (nimbly navigated a war but definitely overreached on a few decisions and imprisoned the entire US Japanese population lol).

[burkaman]

Are you using FDR, a democratically elected president, as an example of a nimble but unaccountable billionaire?