it’s only a matter of time before these Oligarchs start building private Armies
Just to be clear, this is why governments exist. Not to stop people from building armies because it’s bad. But to avoid the waste that comes from economic competition becoming militarized.
Bezos and Musk both make more money by NOT engaging in warfare with each other. But if warfare between them would give them an edge, then the government is the structure they create with other capitalists to rejigger the incentives so that Tesla doesn’t start bombing Amazon.
Bombing is a waste of capital.
But of course there’s the corollary - if Musk and Bezos get richer not bombing each other, then they could probably get more richer if they joined forces and bombed other people.
And that’s what the US military and CIA do. They are the military arm of the capitalists, so there is no need for private militaries. The capitalists all get together and bomb people not part of their in-group as a way of making themselves richer.
If the people of the US manage to gum up the works and stop the military from maximizing profit for the capitalists, then the capitalists will form private militaries and coordinate them to maximize their profits by bombing people not in their in-group. Today that means periphery, 3rd world, and socialist countries. Tomorrow that could mean the technologists against the financialists.





Stop psychologizing the present day oligarchs in a vacuum. It’s not about the government protecting anyone.
This is the definition of government.
The reason oligarchs don’t have an incentive to build private armies over the last several centuries is because competing with other oligarchs through warfare DESTROYS CAPITAL.
It’s not about protection. It’s about waste. It’s less wasteful to win Bezos yacht in court than it is to bomb it and sink it to the bottom of the sea.