Capitalism as Oligarchy is an essay on wealth inequality that offers a simple lens by which to better understand our social world. It argues that the concept of 'capitalism' is an intellectual dead-end for it imposes unneeded complexity, wrongly insists on being new and thereby falsely severs links with the past, and functions as a cloak that hides the core hostility that's the essence of power. We gain a great deal of insight when we come to recognize the system not as capitalism but as inequality itself. Inequality-oligarchy-is a 5,000 year structure of concentrated minority power which...