From ancient times, people have recognized the dangers of concentrated power. Countering the "usurpations" or arbitrary concentrated power of the British monarchy was the driving force behind the American Revolution. The framers of the US Constitution deliberately created a machine with lots of friction so that the different branches of government would check each others and all branches would be checked by a citizenry guaranteed basic freedoms.
Recent events have shown the wisdom of those concerns. But a dangerous trait of modern (and post-modern, if you want to go there) times is the concentration of economic power, which is now so strong that it has made the government its servant.
These issues were also powerfully addressed by the Appalachian Catholic bishops in the 1975 pastoral letter This Land is Home to Me. Here are a few excerpts that are truer today than when they were written:
"Human beings cannot be trusted
with the immense opportunities for oppression and extortion that
go with the possession of monopoly power."
"Pius XI pointed out that,
...in our days not alone is wealth accumulated,
but immense power and despotic economic domination
is concentrated in the hands of a few...
This concentration of power has led to
a threefold struggle for domination.
First...the struggle for dictatorship
in the economic sphere itself;
then, the fierce battle to acquire control of the state, so that
its resources and authority
my be abused in the economic struggles;
finally, the clash between states themselves."
"The bishops judged then that,
an important factor making for insecurity
is the immense power and despotic domination
which is concentrated in the hands of those few
who frequently are not the owners,
but only the trustees and directors
of invested funds."
It is the considered view of El Cabrero that the bishops nailed it.
GOAT ROPE ADVISORY LEVEL: ELEVATED