Billionaires Gone Wild
7 days ago
- #political influence
- #wealth inequality
- #oligarchy
- Elon Musk purchased Twitter in 2022 and transformed it into a platform overrun by racism and extremism.
- David Ellison's Skydance Media acquired Paramount, influencing CBS News by appointing conservative pundit Bari Weiss.
- Jeff Bezos intervened in the Washington Post's editorial direction, shifting focus to personal liberties and free markets.
- The Citizens United ruling led to a surge in billionaire political spending, increasing their influence over elections.
- Wealth concentration in the U.S. is now higher than during the Gilded Age, leading to unprecedented oligarchic power.
- Billionaires use their wealth to influence policy, media, and elections, threatening democracy and regulatory independence.
- Progressive movements struggle with fragmentation, while right-wing movements are more cohesive and easier to organize.
- Economic warfare, such as spending strikes, is proposed as a peaceful resistance strategy against oligarchic control.