The narrative around billionaires being the real villains (rather than just symptoms) of the broken economic system is growing and one to keep an eye on.
This focus on billionaires is an interesting move on from the 1% as the villain. It personalises and makes the 1% real (even though 0.0001%). They also make it easier for people to explain/showcase the selfish behaviours that are bad for the rest of us.
It’s coming from the spread of the idea that the broken systems e.g. healthcare, transport, food, energy, etc. aren’t isolated but interconnected. And the thing that connects them is the current underpinning economic system, values and behaviours.
Some of this debate is really interesting in the US - land of the American Dream - where a growing number, even on the right, have been saying, yes earn millions but billions is too much.
Could it mean the top-ten rich lists start looking more like ‘most wanted’ ones instead?!
Maybe history will choose to forget Musk’s role in transforming critical sectors for good (e.g. batteries and EVs) at a key point in human civilisation? A hero to engineers and a villain for anyone currently under the age of 20? What does that do to his future customer base? (Assuming we’re all pay-as-you-go rather than Tesla owners)
Perhaps this threat to his legacy story will see him transform the philanthropy of billionaires - he has already sold everything he once owned. Or will the power of being a billionaire, just be too tempting?!