Robert ReichNov 28, 2022

Elon Musk is running Twitter into the ground.

Sam Bankman-Fried’s FTX was outed as a Ponzi scheme.

Jeff Bezos is touting his philanthropy as Amazon lays off thousands.

The billionaires will not save us.

They're tearing society down — and we're all the collateral.

Show threadKeith Teare
@rbreich Robert - I think you attribute too much weight to the impact of billionaires in GDP and Productivity. They really can't tear society down, even if they are a net negative (which is not likely). The bigger issue is lack of investment to compete with the newer capitalist economies. China's investment is both bigger and more productive than US. Fundamentals count. Economist vs Politician view
Nov 28, 2022 at 5:21pmWeb