How only violence and catastrophes have consistently reduced inequality throughout world history
press.princeton.edu
This book is written by someone who's done a historical analysis. The pattern of human history is violence to reduce inequality.
China did something that our government should have done which is to have a firm hand on their banks and private industries. You can make money, you can sell products but you stay in your lane and don't try to interfere with the laws of the country. In america it's the opposite. Our politicians are dependent on donations from the companies they're supposed to be regulating.
So while the Chinese government controls its tech and banking sectors, our tech and banking controls our government. So here we are, with these private companies having the data on everyone and can work hand in glove with their goons in government to get their goals met which include crushing dissent of any kind.
Our businesses are run like feudal societies with kings(CEOS) at the top and peasants(Frontline workers) on the bottom who have no say in the policies (including working conditions and pay) of the places they spend most of their lives in. These CEOs naturally see democracy as an inefficient system compared to what they're used to. You can't have true democracy in a society where people who thrive in undemocratic structures can access the government and twist it into the kind of setting they are used to(authoritarian). If you dont control capitalism, it will turn into authoritarianism. When capitalism fails to deliver and socialism becomes a desirable alternative, capitalism has one final counter: fascism. Your life isn't worse because of decisions made by unelected individuals in board rooms, your life is made worse because of some easily identifiable ethnic or social group. This appeal to group identity as a smoke screen has been successful for so long that they have no reason to believe it won't work this time.