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"....but they're not going to do that to Elon, because power is comfortable with power… When it comes to their paycheck, elites learn to be quiet about things they say matter to them.”

This quote from Kara Swisher is key and it represents one of the great weaknesses of unrestricted capitalism: money is power, and power seeks to maintain the status quo, regardless of how immoral the status quo is. That's why you won't see other corporate CEOs gunning for Elon over his anti-Semitism. They're too comfortable making decadent levels of income and wealth to be bothered to make the world any better than it is. That's why we're never going to curb climate change. That's why we're never going to address wealth and income inequality. That's why worker productivity and wage growth are never going to go back to being on the same upward path together. That's why we're never going to address any problem that requires government to raise the kind of revenues needed to fix it. It's just a long race to the economic bottom now for a bifurcated economy where the decadent elites get wealthier and live cushier lifestyles at everyone else's expense--all while those same decadent elites living their best lives continue to complain about how shitty the country is.

Nov 21, 2023
at
3:54 PM

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