Been thinking along these lines a lot in the shadow of Brexit and Trump, more recently with Kavanaugh and Bolso. The natural consequence of the increasing gathering of wealth and power in the 1% is autarchy and a new aristocracy, it seems utterly inevitable.
It requires trauma on the scale of WW2 for the elites and the political class to realise that sharing some of it out in the form of nationalised services and managed public spending is in their best interest to stave off collapse and extreme violence. But we can now see that was simply a small bump on the road to an ever more immoveable, ever more wealthy ruling class who are free to inflict their greed and bloodthirst upon the rest of us as they see fit. All of this happening with total environmental collapse on the horizon is so perfect for them, they can hold onto their money and power in their compounds long enough to construct their Tesla underwater biomes and live out Bioshock whilst the rest of humanity drowns and starves.
I now inter-generational warfare is bad but the fucking boomers, man.