It’s hardly groundbreaking to point out that economic inequality undermines democracy—Plato and Aristotle sounded the alarm more than 2,000 years ago, and the Founding Fathers followed suit.

As the 2024 presidential race entered its final stretch, the nation’s richest tech leaders gravitated toward Trump’s side.

The philosopher Aristotle wrote in his book “Politics” that “democracy is safer and more free from civil strife than oligarchy; for in oligarchies two kinds of strife spring up, faction ...