Extreme concentration of wealth and elite failure are related the way extreme totalitarianism and fragility go hand-in-hand. The wealth/power bubble means that nobody left around them but sycophants. Nobody to point out their “brilliant” ideas don’t pass high school physics.https://twitter.com/lorengrush/status/1126582358713483264 …
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Extreme wealth and power (and fame) are genuinely a type of impoverishment. I know, I know: people are wishing I wish I had that problem. I can understand wanting to be comfortably wealthy. But it seems pretty clear the extreme end isn’t a blessing. Very hard to escape its swamp.
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Structurally, it's just one more instance of our inequality-fueled asset-bubble(s). Tulips, $100+ million paintings, subprime-mortage crisis, dot-com boom/bust, Juicero, this. All related. Mozarts among the trillions in space/no of angels on pinheads.https://twitter.com/EdMillerPoker/status/1126850800381153281 …
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Exactly. The "more wealth as fast as possible" gospel Bezos preaches is impoverishing the arts so that these Mozarts will forever remain undiscovered and unfulfilled.
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it's not meant to be truthful, I think. it's meant to drive investment and buzz for his company so that it can suck up more money from NASA. the investors are definitely naive to fall for it, though
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It's a stunning expression of hubris, arrogance, irresponsibility, solutionism, speciesism, neo-colonialism, etc. & yeah meantime pimp that stock price
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