Democratic governance rests on a bargain so old we’ve forgotten it’s a bargain at all. The governed have something the governors need: labor, tax revenue, military service, consumer spending. This dependency is the source of democratic leverage. The whole system functions because power is distributed, and it’s distributed because the people at the top need something from the people at the bottom. Remove labor from that equation and watch what happens. https://www.owenmcgrann.com/p/the-dead-economy-theory #ai #democracy