An ogligarchy is simply a lazy fat bunch of people who invest into lifelines or market infrastructure as a way to get a nice royalty from any activity on the ground, as soon as that activity becomes large they simply 'swallow' it up and expand their portfolio, they let you do the hard work to begin your business and once it has gone past that stage of wins/losses and stabilized into growth, they look at the growth level and if it's within a 'scope' of you becoming a top 1% they simply buy you out or demand 'merge' so they cut into your 'slice' of the pie and ensure you stay at the pecking order. It's very unhealthy economic model as it concentrates large wealth into to few hands where-as power corrupts they say in too few hands, well wealth is no different either.
A federalized format on wealth is mandatory to create different wealth classes and ensure the ogligarchy itself is diverse and not concentrated so it can lead to check n balance between themselves for their portfolio interests. I mean bill gates is an ogligarch but he won't support say 'amazon jeff bezo' ogligarch u know why? his industry requires skills and therefore he will pressure govt into education investment where-as jeff bezo will encourage govt into no education investment so the pool of unskilled grows and he can pay less. U see they can't unite their wealth power due to differing interests and the more diverse the ogligarch is like this in the market, the better it is for market health all round, just like we demand diversity in small to medium businesses and not monopoly, we expect the same of the top 1%.
We do not support concentration of power or wealth nowhere but diversity n federalization of both. Stand with liberal economics it's the only sane economic model in the world as long as it's federal country and power is shared and not leading to 'centralized' state power in a 'few hands' again, if it's centralized or unitarian nation, then I can understand the fear of strong powerful govt as it leads to power n wealth into a few hands which is the problem. The problem isn't businesss or wealth nor power n control as both are needed in the world, the problem is only when it becomes concentrated be it wealth or power and why most people sit on the center of left n right divide with some leaning center left on ideas of land subsidies-health-wage laws and others on center right no wage laws-no health laws-no land subsidies. It has come a long way from the days of what this loser
@Farjano-Walad is preaching as most are now sitting in the center knowing an all powerful ogligarch or an all powerful govt isn't in any sides interest, they only diverge from the center based on housing-health-wage-unions now as the great right n left divide is over today, their now centered in moderation.