Ultimately the system of checks and balances was designed to slow down change. The variety of term limits and actors meant that it would take a significant concentration of resources for a protracted period of time to consolidate power.
The fact that the richest man in the world, acting with at least a visual approval of the next 10-100 richest people in the world has only managed some minor chaos is a testament to how insulated from economic power the US government was (in the grand scheme of things).
Real issues will emerge if such concentration of power is made perpetual.
>>Ultimately the system of checks and balances was designed to slow down change.
I think a good part of the world still doesn't get it. Progress is mostly a outcome of stability, not change, even less rapid change.
This whole concept might sound counter intuitive. But think about it seriously. Exponential growth, when you factor in small losses in between comes when you stick to one process(that generates small gains) for long. Not by making rapid changes to a process(in hopes of making one big gain) for a long time.
The fact that the richest man in the world, acting with at least a visual approval of the next 10-100 richest people in the world has only managed some minor chaos is a testament to how insulated from economic power the US government was (in the grand scheme of things).
Real issues will emerge if such concentration of power is made perpetual.