There’s a class war that’s leading to worse innovations—but it’s not between the sides you think it is.
. His behavior is not just idiosyncratic; wealth and ownership are winning the day over companies and entrepreneurs. This is the secret of the Tesla syndrome.
The term “class warfare” conjures images of Karl Marx’s beard, workers leaving the factory or on the picket line, and bosses fighting to keep them in line. Our image of class and its problems has remained firmly rooted in the 19th century, in other words. But it’s the 21st century, and in the era of “Nowhere can we see this truth distilled more clearly than in, cult-hit HBO comedy. Protagonist Richard Hendricks is a computer genius who starts a company.
But these “guys” are supposed to be separate for capitalism to function. If you have a billion dollars and you put 10 million into a start-up on the promise of getting 100 million back in five years, that’s not capitalism. That’s a side effect of capitalism, called wealth. Capitalism is when the object of enterprise is the expansion of capital.is not the same thing as capital.
For two centuries, wealth and capital got along. But capital has to be in constant circulation for capitalism to work, and companies have to be run with that in mind. When the owner class takes over, everything gets worse. That’s what’s going on with Tesla, and much else besides.wasn’t just fiction. The two roles—capitalist and Rich Guy—are united in Musk in the worst possible way.
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