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by krrrh 1520 days ago
Democracies are great, but they become weak when the majority crushes minority opinion and the chilling effects of a singular ideology makes it difficult for those without resources to speak their minds and openly engage in debate [1][2][3]. And this is even more true when there are few alternate centres of power outside of the state. Billionaires, along with NGOs, unions, etc, provide these alternative centres of power that are essential when a perspective or ideology becomes too hegemonic. This is even more obvious when the whole point of what Elon is doing is trying to do right now is to make twitter a more free, fun, and open platform for people who don't have the fuck you money that he has managed to earn.

Of course the other utility of billionaires is that when they've earned it themselves they have shown some skill at allocating capital, and can pursue important societal goals that government or existing corporations have proven incapable of, like space flight, electric cars, better urban mass transit, brain-computer interfaces, etc.. None of those achievements seem important to people who have decided that Elon == bad for whatever transgression they believe is more important.

[1] https://www.prnewswire.com/news-releases/new-study-shows-peo...

[2] https://www.cato.org/survey-reports/poll-62-americans-say-th...

[3] https://yougov.co.uk/topics/politics/articles-reports/2021/1...

2 comments

You can't just have two possible opinions in society, we've been going more in that direction and it is quite hostile to freedom.

Love him or hate him, Elon adds value because he has a lot of power which isn't at all aligned with either of the two dominating opinions in America.

Important to whom? The same power that lets a billionaire develop spaceflight can also be used to instigate an ecological disaster, roll back human rights, or unleash killer robots.
In theory, but in practice when did a billionaire do these things you’re worried about outside of a Bond film?

Doesn’t history suggest that the state is more likely to deploy capital in destructive fashion than a private actor?

> In theory, but in practice when did a billionaire do these things you’re worried about outside of a Bond film?

Looking at fossil fuel oligarchs shepherding in global warming, international human rights setbacks, and Tesla's "self-driving" cars that regularly kill other road users... they're more or less doing those things now?