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By Cory Doctorow (GPG 0xBF3D9110957E5F4C) @doctorow.pluralistic.net · 16/07/2026

Meanwhile, those billionaires were busily transforming themselves into kings, unshackled from rules, morals or consequences: www.economist.com/by-invitatio... 54/

economist.com

Elon Musk is building a form of capitalism that Adam Smith would hate

The merchants are becoming princes, writes Tim O’Reilly

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By Cory Doctorow (GPG 0xBF3D9110957E5F4C) @doctorow.pluralistic.net · 16/07/2026

Reflecting on this, the political scientist Henry Farrell notes that the most vocal defenders of billionaireism - the Musks and Thiels of the world - never made a secret of their desire to become kings and insulate themselves from markets and discipline of every kind, and they've grown brazen. 55/

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By Cory Doctorow (GPG 0xBF3D9110957E5F4C) @doctorow.pluralistic.net · 16/07/2026

Musk makes social media posts deploring the very idea of elections, agreeing with the idea that only "makers" should be allowed to vote and that "takers" should not, because "universal suffrage leads to universal suffering": nitter.net/elonmusk/sta... 56/

nitter.net

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