Free market of ideas. Don’t focus on the meaning of any given statement but the volume of attempts at contrarian statement.
What Elon’s businesses are trying to accomplish is not essential to the species. The species is not essential.
The masses are tired of being squeezed to produce as the output and comfort is squandered and monopolized.
That said, the public has to accept as well the planet is finite. Society does not just have a crony capitalism problem. The public, rich or poor, politician or citizen, has a consumption syndrome and conviction to fuck the future in service of our demand for novel experiences.
Applying the awareness of infinitely big small numbers to the economy has lifted people up materially for sure. But the literal resources are not there for everyone to have the buying power of a CEO. At the same time, no theory of science I know of says Musk and co specifically must be enabled.
Elon is heavily dependent on politicians keeping taxes low for billionaires, and policy that pushes NASA and other government agencies to hire private companies.
Crony capitalism it’s called colloquially.
Marc Andreesen was tweeting a few months about the pressure from DC to curtail behavior that the politicians felt was undermining them.
Around the time Powell began raising rates, memes in finance changed to “save”, banks raised rates on savings accounts to get people to park cash they can leverage rather than get free cash from Powell they can leverage.
Pulling cash out of the economy means fewer lattes and avocado toasts; being a bit glib, but those are the workers most likely to be hurt long term.
So yeah it’s basically division politics. The only reason it works like this is because of memory this is how it works.
NPR reporter literally just said employers offering higher and higher wages is what’s creating inflation, and they want unemployment to go up to bring inflation down. Manufacturing consent by repeating “truth”.
Behavioral economics runs the country. Politicians prefer behaviors like fealty to politically correct traditions. They are protecting the net worth class based system that keeps them from growing potatoes and determines which families thrive or die.
What Elon’s businesses are trying to accomplish is not essential to the species. The species is not essential.
The masses are tired of being squeezed to produce as the output and comfort is squandered and monopolized.
That said, the public has to accept as well the planet is finite. Society does not just have a crony capitalism problem. The public, rich or poor, politician or citizen, has a consumption syndrome and conviction to fuck the future in service of our demand for novel experiences.
Applying the awareness of infinitely big small numbers to the economy has lifted people up materially for sure. But the literal resources are not there for everyone to have the buying power of a CEO. At the same time, no theory of science I know of says Musk and co specifically must be enabled.