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The chart is helpful. Never seen it before. Oligarchs in USA are prepping for a regime with weaker legal protections, where the vertical threat from below becomes more severe, moving toward private provision of security, detaching increasingly from reliance on civil institutions. The model is Latin American, the classic walled and razor-wired mansion on the hilltop, where armored limousines occasionally zip in and out, driving past the bulk of the people living in decrepit houses made of scraps. Many people in power want this outcome, which they will justify in many ways, including reducing carbon emissions. But it is not inevitable.

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