Production and value of the American machine has skyrocketed, but nobody I know has seen a proportional increase in income or value. Trickle-down has so MASSIVELY failed. We can't afford to root for the game, because we can't afford to PLAY the game.
When someone who basically swims in money says "But this will hurt the economy", what they really mean is "This will hurt a small section of some budget for me somewhere that you don't even benefit from, and even then, I'll just pass on the costs to you the consumer anyway"
It just feels unfair to the person who actually works for their money, instead of playing gambling games with investments.
Huh?
https://www.businessinsider.co.za/elon-musk-sells-the-family...
> “We were very wealthy,” says Errol. “We had so much money at times we couldn't even close our safe.”
I'll let you guess as to who dug up those emeralds. Hint: it wasn't the Musks.
Next step in your journey of learning is to look up when the Musks left South Africa. I bet you can figure it out without even looking it up.
1989 apparently, 5 years before the end of apartheid.
I don't think Elon Musk is a monster compared to his father, it's not even close really. But he is building his fortune on the back of inherited money earned doing some really scummy and shady shit.
I guess some people still take it literally?
It was a very popular idea amongst the far-left during the campaign and immediately after. Glenn Greenwald managed to write a 3000+ word treatise on the causes of the Brexit vote without once mentioning "immigration". I thought was quite the work of idealogical contortion and purity, but I don't think it's aged well at all. Plenty of people still seem to subscribe to these ideas though.
https://theintercept.com/2016/06/25/brexit-is-only-the-lates...
How long are we going to watch the economic elite be mystified as inequality skyrockets and the American people become more and more disenfranchised from the "success" of "American" firms like Facebook, Google, and Apple.
And yeah, a billionaire like Elon Musk who inherited his money from an apartheid state trying to "disrupt" the auto industry is not going to be taken to kindly, especially by anyone who's paying attention.
The ends do not justify the means.