What explains this accelerating transformation of so many liberals into progressives, and so many progressives into hard-core leftists, socialists, and who knows what next? The reasons predated Trump Derangement Syndrome.Hanson is doing those mega-ultra-wealthy types a favor: he is warning them, very seriously, that they will merely be the last to get the guillotine.
Money, lots of it, matters.
The left-wing approach to billionaires has radically changed. Aside from the rhetorical boilerplate about robber barons and the need for an income-tax rate of 70 percent, in reality the hard Left has partnered with the nation’s richest. The new big fortunes of America are now mostly in high-tech, media, and finance, not in the old conservative and muscular corporations centered in farming, manufacturing, or oil and minerals. And the new zillionaires are left-wing, and they are activist: Bezos, Bloomberg, Buffett, Gates, Zuckerberg, the Google and Apple teams, Soros, Steyer, and a host of others. Through grants, foundations, purchased media, and super PACs, astronomical amounts of money flow into federal, state, and even local midterm election campaigns, and into voter harvesting and issues from global warming and late-term abortion to open borders, gun control, and identity politics. The 2018 midterms were a mere precursor of things to come.
The new mega-wealthy envision an America in a way that satisfies identity politics while exempting their own monopolies, trusts, and billion-dollar fortunes from the ramifications of their own ideology. Unencumbered by personal consequences, they pursue boutique agendas — sort of like a few of the White Russian aristocrats who hoped to continue on by subsidizing and supporting the Bolsheviks, or the Jacobin bigwigs of the French Revolution who thought they could guide the deserving rich people into the national razor. In such a bizarro world, there is nothing wrong with tech employees forced to sleep in their cars near Silicon Valley monopolies -— as long as the owners wear T-shirts and flip-flops and rail at Trump in internal memos....
The rest of us? Well, we're armed; but are we prepared?
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