Why have these two oligarchs been willing to take actions that cause so many of their customers to jump ship? What’s the connection between Bezos’s preventing the Post from endorsing Harris and Musk’s weaponizing X for Trump?
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Thanks bot. Its a post by Robert Reich on his substack. Maybe not a “news outlet” but direct from someone who is constantly interviewed and in the news. His CV is rather lengthy so I will just link to a wikipedia article about him: https://en.wikipedia.org/wiki/Robert_Reich
It’s neither as simple as the article states nor what I see in the comments here.
It’s not just about staying on Trump’s good size to avoid his wrath, getting lucrative government contracts, or getting personal tax breaks. It’s also about stopping or rolling back regulations that would hurt profits.
Keeping the minimum wage down. Eroding worker’s rights, allowing the union busting tactics that Amazon is famous for. Removing consumer protections. Allowing mergers and acquisitions without all those pesky antitrust lawsuits. Rolling back environmentally regulations, staying on fossil fuels. Foreign policy that allows these companies to exploit cheap global labor and sell to the wealthy. Heck, Musk at least seems rather cozy with Putin- i would not be surprised to see these billionaires try to roll back Russian sanctions.
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Also curb stomping the recent resurgence of labor organizing. You have to get the govt money from one end and cut costs at the other.
Tax cuts.
their customers to jump ship?
To where?
This is the calculus.
TL:DR:
Government contracts and the money that it brings with it. As well as tryingt to be on a certain politicians good side should he win the election in the US.
- Harris wants to increase taxes on the rich. They stand to lose the most to that.
- Getting guaranteed government contracts is an insanely profitable gravy train to companies; particularly military spending.
- More so if you can actually insert your company into government logistics ( say, space flight, internet/communications and mail? )
Hypothetical crazy talk:
- Potentially they want to start being fully dystopian and being their own governments as a way to cement a “legacy”.
