Our Coming Plutocracy
Why Larry Ellison and Elon Musk threaten republican government in America.
By Francis Fukuyama at Persuasion
I wrote back in January about “Elon Musk and the Decline of Western Civilization,” and I’m sorry to report that the decline continues unabated.
The past two weeks have brought news items that illustrate the point. On September 5, Tesla’s board announced an incentive package for Elon Musk that offered him a trillion dollars if he met some very ambitious goals for Tesla’s stock. The second was a series of moves by Larry Ellison, CEO of Oracle, and his son David, to consolidate a business empire that could eventually include, in addition to Oracle, Paramount Global, Skydance Media, MTV, CBS, Warner Brothers/Discovery (which owns HBO and CNN, among other properties), and Bari Weiss’ Free Press.


