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this post was submitted on 15 Oct 2024
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politics
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For some of the ultra-wealthy (Theil, Altman, Andreessen, Eric Schmidt, OpenAI board, etc), a type of accelerationism seems to be in-vogue (e/acc publicly, and probably accelerationist thoughts like The Dark Enlightenment privately). I think some ultra-wealthy are just trying to hedge their bets (Zuckerberg, and news corporations come to mind), because if Trump does win he'll definitely try to use his power to harm companies he doesn't like. I think others, such as Musk, want to be Russian-style oligarchs. I guess all this is kinda related; accelerate into some sort of collapse or chaos, use their positions to maneuver into greater power and become oligarchs or create corporate-city-states, or whatever stupid shit they believe in.
I think finance workers are about as split between the parties as the rest of the population; probably more socially liberal. Small bussiness owners are some of the most ignorant and authoritarian people I've encountered.
Also you’ve gotta look at other similar situations in history. Capitalism isn’t doing so great at the moment and that drives people to socialism or barbarism. To the rich who’d spent a long time fighting for capitalism to be unrestrained its an easier leap to fascism than to restraining capitalism.
The harsh truth these people don’t want to accept is their best outcome involves huge taxes on them to fund a revamped new deal alongside strong unions that will force them to pay labor fairly. They’ll still be rich but it’s unlikely they’ll be “quick jaunt to orbit” rich.