#2: Billionaire warlords: Why the future is medieval | Top 10 2019

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  • Big Think’s second most popular video of 2019 asks: Russia? China? No. The rising world superpower is the billionaire class. Our problem, says Sean McFate, is that we’re still thinking in nation states.
  • Nation states have only existed for the last 300-400 years. Before that, wealthy groups – tribes, empires, aristocracies, etc – employed mercenaries to wage private wars.
  • As wealth inequality reaches combustion point, we could land back in the status quo ante of the Middle Ages. Who will our overlords be? Any or all of the 26 ultra-rich billionaires who own as much as the world’s 3.8 billion poorest. What about Fortune 500, which is more powerful than most of the states in the world? Random billionaires, multinational corporations, and the extractive industry may buy armies and wage war on their own terms.

The New Rules of War: Victory in the Age of Durable Disorder


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