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Your guide to what the American elections mean 2024 for Washington and the world
In our time, the meaning of any image depends on the side you are. He took the image opening. The liberal caricature elite, gay, saw it as a picture of the American oligarchy. Trump, his supporters and technology themselves explain the image differently.
Trump, the master of the scene, put billionaires there for some reason. His message: “I brought them to the heel and moved them to the American project.” He knows that most voters will agree. Maga was built on the worship of the businessman more than the power of the strong man, although it overlaps. Many businessmen are the great business leaders who won the game of life.
Trump built I heard him in a great pioneer on TV. Then he went to politics to sell the idea that the government was a “disrupted company called the United States Wall Street. Trump's promise to manage government like business. Donald Trump's elections against Kamala Harris were among the endless contradictions, an entrepreneur against the government official.
Trump may represent the peak of the worship of political entrepreneurs. I cannot think that another businessman becomes prime minister in a great economy, with the exception of Silvio Berlusconi. The past American political sects have been attached to the soldiers (Washington, Eisenhower) or to the heads of companies, such as Mitt Romney. George W. Bush, who had a Master of Harvard Business Administration, was welcomed as CEO. ”But the company’s CEO is a person associated with the rules in a degree suit. He is his leg.
The largest wealth of entrepreneurship in history in the Silicon Valley was formulated between around 1998 and 2008. Today, the beneficiaries are middle -aged. Mostly, 80 hours of work methods, leaving them with sufficient energy to flow in politics. It is known that ordinary Americans with their first names or borrowed names, and in the Musk case through his tweets, and their anti -companies price. Billionaires of authentic self -brands such as icons, which can be mistaken, perhaps with a Nazi greeting to musk.
Supporting worship is the belief that what is good for project owners is good for America. Investment capital, Mark Anderson Bodkster Joe Rogan, told Trump's message, “America must win”, means that American companies “must win global markets. How can anyone be against that?” After all, Androns argued, Only economic growth that can pay for “social welfare programs and food aid programs, all these things.”
The argument is doubtful. First, the Europeans retire early and live longer than Americans, despite the decrease in economic growth and mostly low government debt rates. Second, growth does not necessarily enhance public spending, given that large technology has led to the avoidance of taxes. Nor these companies do not create many jobs. In Meta, there are mostly highly skilled employees, including immigrants on H1-B visas.
Finally, how to read this picture? In Anderson's novel, Joe Biden forced them to Trump's arms. While it seems that most ordinary Americans have suffered from dumping as a time of inflation and erosion, the Mongols saw something more evil: a commercial administration that makes their freedoms. Andressen accuses the Securities and Stock Exchange Committee, which dates back to the era of Biden, “an attempt to kill the encryption industry.”
Crypto and AI are the new entrepreneurs in battles. One of the differences between Trump I and Trump II is that the price of Bitcoin was 900 dollars in 2016 and more than 100,000 dollars today, while we saw on Monday that transformations in artificial intelligence can now transfer global stock markets.
On Crypto and AI, as in everything else, America is divided. Democrats are concerned about encryption as the opportunity to launder money. Trump's sees as a liberation company that scattered the government (although encrypted entrepreneurs want bank accounts and Trump support). Biden tried to organize artificial intelligence; Trump will not. Al -Fotol hopes to help them win what Peter Thil calls “World War” to conquer the regions of the enemy, such as the European Union, the United Kingdom and Brazil.
Billionaires are interested in policies, but they also want love. Many, such as Andressen, are used to tend to be liberal. But if the liberals reject you, you will choose the man who loves you (currently) and show him with his sitting plan.
Email Simon in simon.kuper@ft.com
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