I think he's literally conceding your point by writing this essay. That there will be massive upheaval and yes maybe pitchforks if we don't get ahead of the problems.

nothing will happen. the '20s and '30s were much worse compared to today and nothing happened. Americans are much more complacent now than even then. People aspire to get rich, like on TikTok and "hustle culture," not to hang the rich.