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by aldous 667 days ago
The article explicitly references donations to the Democrats too btw, the authors overarching point appears to be this idea that the vastly wealthy consider themselves above the state and the rule of law. This is not a new phenomena, history is resplendent with examples of the abundantly rich desiring, obtaining and then exercising absolute power. Spoiler alert: it usually doesn't end well for the populace at large or ultimately themselves. I'd agree with the authors point about the ostensibly short sightedness of Elon et al's seeming desire for a rich absolutism: they are barking up the wrong, unsustainable tree. A well functioning and financially supported democracy is very very good for the economy and good for them! A better provision of public goods, infrastructure and a healthy populace is very very good for business isn't it? Democratic decline also brings with it instability, anti competitive kleptocracy, stagnation, and consumers strapped for cash; not the ideal conditions within which to sell their services. Which makes me wonder: is Elon's current political posturing not really based on any canny reasoning, but just plane old reactive emotional impulse. I really wouldn't be surprised if, as the author suggests, Elon's perceived Biden snub is really a big part of this or at least behind its genesis. Which is a good final point on unchecked power and its pitfalls, who wants to be at the mercy of an individual's emotional petulant whims, compulsions and outbursts? Surely none of us right?