From Four Futures: Life After Capitalism, by Peter Frase, loc 1370-1383:
Ironically, the life enjoyed within Elysium’s bubble appears not too different from the Communist scenario sketched out several chapters earlier. The difference, of course, is that it is communism for the few. And indeed, we can already see tendencies in this direction in our contemporary economy. As Charles Stross has noted, the very richest inhabit a world in which most goods are, in effect, free. That is, their wealth is so great relative to the cost of food, housing, travel, and other amenities that they rarely have to consider the cost of anything. Whatever they want, they can have. For the very rich, then, the world system already resembles the communism described earlier. The difference, of course, is that their postscarcity condition is made possible not just by machines but by the labor of the global working class. But an optimistic view of future developments—the future I have described as communism—is that we will eventually come to a state in which we are all, in some sense, the 1 percent. As William Gibson famously remarked, “the future is already here; it’s just unevenly distributed.” 1
Add to this technologically induced mass unemployment and it becomes deeply sinister:
The great danger posed by the automation of production, in the context of a world of hierarchy and scarce resources, is that it makes the great mass of people superfluous from the standpoint of the ruling elite. This is in contrast to capitalism, where the antagonism between capital and labor was characterized by both a clash of interests and a relationship of mutual dependence: the workers depend on capitalists as long as they don’t control the means of production themselves, while the capitalists need workers to run their factories and shops.
This is the context within which what I’m terming ‘defensive elites’ emerge and Frase’s book gives some great examples of their contemporary behaviour, as well as speculating about where this could all lead.