According to the LA Times another tech zillionaire may run for governor of CA.“We must make our choice. We may have democracy, or we may have wealth concentrated in the hands of a few, but we can’t have both.” —Justice Louis Brandeis
With his $13.7 billion acquisition of Whole Foods, Amazon’s Jeff Bezos has made clear his determination to dominate every facet of mass retailing, likely at the cost of massive layoffs in the $800 billion supermarket sector.
But this, if anything, understates the ambitions of America’s new ruling class, almost entirely based in San Francisco and Seattle, as it moves to take over industries from entertainment and transportation to energy and space exploration that once thrived and competed outside the reach of the oligarchy.
In a way it helps explain why Trump took the votes of so many working class Dems. Poses an interesting time of change for Democrats. Are they still the party of the working class or have they become the party of the oligarchs and identity politics? (psssstttt, it's not the working people).
Much like the robber barons of a century ago, Musk, Schmidt, Zuckerberg, the Steyer brothers, Bezos & friends only have the best of intentions.