[toss1]

US politicians stopped valuing actual capitalism and stopped supporting anti-trust actions, accelerated by the SCOTUS Citizens United decision essentially equating money to free speech and allowing effectively unlimited corporate political donations.

Since then, there has been no downside to becoming an effective monopoly, so why make a better product?

Theil and his followers are exploiting a weakness in the system. If they can take all the money, why should they give a flip about anyone else in the system that supports their lifestyle? After all, it may take until they are dead for it to collapse.