The robber barons had nothing on Elon Musk

Rogue billionaires have appeared before, and they will appear again. But this one will control our digital town square.

ELON Musk is now the proud owner of Twitter. The danger here is not that we have a rogue billionaire in our midst - that has happened before, and it will happen again - but that this one will be in control of what he has rightly referred to as our "digital town square".

Musk is the face of 21st-century tech-based, extreme capitalism, just as the robber barons, who built our railroads, and Andrew Carnegie, who supplied those railroads and the builders of modern American cities with steel, embodied the exuberant and expansive industrial capitalism of the late 19th and early 20th centuries.

Musk has exploited the opportunities emerging in a rapidly disintegrating regulatory state apparatus and acquired...



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