American oligarchs are joining Trump and his faux working-class MAGA movement
Robert Reich at Substack:
Friends, Elon Musk and entrepreneur and investor David Sacks reportedly held a secret billionaire dinner party in Hollywood last month. Its purpose: to defeat Joe Biden and reinstall Donald Trump in the White House. The guest list included Peter Thiel, Rupert Murdoch, Michael Milken, Travis Kalanick, and Steven Mnuchin, Trump’s Treasury secretary.
Meanwhile, Musk is turning up the volume and frequency of his anti-Biden harangues on his X platform. According to an analysis by the New York Times, Musk has posted about President Biden at least seven times a month, on average, this year. He has criticized Biden on issues ranging from Biden's age to his policies on heath and immigration, calling Biden "a tragic front for a far left political machine.” The Times analysis showed that over the same period of time, Musk has posted more than 20 times in favor of Trump, claiming that the criminal cases Trump now faces are the result of media and prosecutorial bias. This is no small matter. Musk has 184 million followers on X, and because he owns the platform he’s able to manipulate the algorithm to maximize the number of people who see his posts.
No other leader of a social media firm has gone as far as Musk in supporting authoritarian leaders around the world. In addition to Trump, Musk has used his platform in support of India's Narendra Modi, Argentina's Javier Milei, and Brazil's Jair Bolsonaro. Some of this helps Musk’s business interests. In India, he has secured lower import tariffs for Tesla vehicles. In Brazil, he has opened a major new market for Starlink, SpaceX’s satellite internet service. In Argentina, he has solidified access to lithium, the mineral most crucial to Tesla’s batteries. Musk has slammed Biden for his decisions on electric vehicle promotion and subsidies, most of which have favored unionized U.S. auto manufacturers. Musk and his Tesla are viciously anti-union. But something deeper is going on. Musk, Thiel, Murdoch, and their cronies are backing a movement against democracy. Peter Thiel, the billionaire tech financier, has written, “I no longer believe that freedom and democracy are compatible.”
@Robert Reich nails it with this piece: Oligarchs are joining up with the anti-democracy MAGA movement to look out for themselves and aid the collapse of freedom.








