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When it goes on just a little too long, it can result in the French Revolution and 1917 and the election of populist candidates with unexpected consequences.

So sure, not a given, but it’s a risk that goes up as conditions get worse.


French revolution I can still see as consequences but Bolsheviks just took land and gave it to the new nobelity (the state).
The goalposts somewhat shifted, here. The original point was

> It surprises me that the monied elite seem to have so little awareness of what happens when they keep winning.

What happened is that the Russian elite ended up dead or penniless in exile. What happened after that is not really relevant to the lot of the blind elite of the ancien régime.

> just took land and gave it to the new nobelity (the state).

This is unsubstantiated by historical evidence. No new class of "hereditary bureaucrats" emerged to replace the nobility; there was remarkably high movement between workers and officials, and even up to the very end of the Soviet Union, high officials were former day workers who had worked their way up the ranks.

The period after the initial French Revolutions includes a period with an Emperor Napoleon and also a period where King Charles is restored to power.

It's like a century of struggle before that whole situation resolved.

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